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Balance Sheet Components
6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
Balance Sheet Components

5. Balance Sheet Components

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets as of June 30, 2022 and December 31, 2021 consisted of the following (in thousands):

 

 

June 30, 2022

 

 

December 31, 2021

 

Advances to suppliers

 

$

1,681

 

 

$

1,834

 

Prepaid insurance

 

 

181

 

 

 

1,543

 

Other prepaid expenses

 

 

2,490

 

 

 

1,383

 

Total prepaid expenses and other current assets

 

$

4,352

 

 

$

4,760

 

Property and Equipment, Net

Property and equipment, net as of June 30, 2022 and December 31, 2021 consisted of the following (in thousands):

 

 

June 30, 2022

 

 

December 31, 2021

 

Furniture and fixtures

 

$

246

 

 

$

3

 

Computers and network equipment

 

 

162

 

 

 

108

 

Lab equipment

 

 

10,944

 

 

 

6,680

 

Leasehold improvements

 

 

233

 

 

 

94

 

Construction in progress

 

 

755

 

 

 

477

 

Total property and equipment

 

 

12,340

 

 

 

7,362

 

Less: accumulated depreciation

 

 

(1,873

)

 

 

(855

)

Total property and equipment, net

 

$

10,467

 

 

$

6,507

 

Depreciation expense for the three and six months ended June 30, 2022 was $0.6 million and $1.0 million, respectively. Depreciation expense for the three and six months ended June 30, 2021 was $0.1 million and $0.2 million, respectively.

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities as of June 30, 2022 and December 31, 2021 consisted of the following (in thousands):

 

 

June 30, 2022

 

 

December 31, 2021

 

Professional fees

 

$

461

 

 

$

186

 

Early exercise liability

 

 

242

 

 

 

337

 

Other accrued expenses

 

 

179

 

 

 

363

 

Total accrued expenses and other current liabilities

 

$

882

 

 

$

886