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Balance Sheet Components (Tables)
9 Months Ended
Sep. 30, 2024
Balance Sheet Related Disclosures [Abstract]  
Schedule of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following (in thousands):

 

 

 

September 30,
2024

 

 

December 31,
2023

 

Prepaid clinical trial

 

$

1,772

 

 

$

802

 

Prepaid research and development

 

 

1,083

 

 

 

1,412

 

Prepaid bonus

 

 

66

 

 

 

 

Prepaid insurance

 

 

32

 

 

 

292

 

Deferred offering costs

 

 

 

 

 

681

 

Other

 

 

465

 

 

 

292

 

Total prepaid expenses and other current assets

 

$

3,418

 

 

$

3,479

 

Schedule of Property Plant and Equipment Net

Property, plant and equipment, net consisted of the following (in thousands):

 

 

 

September 30,
2024

 

 

December 31,
2023

 

Leasehold improvements

 

$

2,117

 

 

$

2,117

 

Laboratory equipment

 

 

3,002

 

 

 

2,868

 

Computer equipment

 

 

1,309

 

 

 

1,133

 

Furniture and fixtures

 

 

864

 

 

 

864

 

Construction in progress

 

 

4,235

 

 

 

6,823

 

 

 

11,527

 

 

 

13,805

 

Accumulated depreciation

 

 

(3,914

)

 

 

(2,979

)

Property, plant and equipment, net

 

$

7,613

 

 

$

10,826

 

Schedule of Accrued Expense and Other Current Labilities

Accrued expenses and other current liabilities consisted of the following (in thousands):

 

 

 

September 30,
2024

 

 

December 31,
2023

 

Accrued compensation

 

$

3,894

 

 

$

3,423

 

Accrued clinical trial

 

 

2,926

 

 

 

1,851

 

Accrued research and development

 

 

1,960

 

 

 

3,467

 

Lease liabilities, current portion

 

 

1,815

 

 

 

1,646

 

Accrued professional and consulting fees

 

 

616

 

 

 

330

 

Warrant liability

 

 

521

 

 

 

454

 

Accrued severance

 

 

 

 

 

390

 

Other

 

 

876

 

 

 

723

 

Total accrued expenses and other current liabilities

 

$

12,608

 

 

$

12,284