Balance Sheet Components

9 Months Ended

Sep. 30, 2022

Property, Plant and Equipment [Abstract]

5. Balance Sheet Components

Prepaid Expenses and Other Current Assets

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


	September 30, 2022		December 31, 2021
Advances to suppliers	$	2,465	$	1,834
Prepaid insurance		2,046		1,543
Other prepaid expenses		2,296		1,383
Total prepaid expenses and other current assets	$	6,807	$	4,760

Property and Equipment, Net

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


	September 30, 2022			December 31, 2021
Furniture and fixtures	$	321		$	3
Computers and network equipment		224			108
Lab equipment		11,927			6,680
Leasehold improvements		304			94
Construction-in-progress		3,019			477
Total property and equipment		15,795			7,362
Less: accumulated depreciation		(2,525	)		(855	)
Total property and equipment, net	$	13,270		$	6,507

Depreciation expense for the three and nine months ended September 30, 2022 was $0.7 million and $1.7 million, respectively. Depreciation expense for the three and nine months ended September 30, 2021 was $0.2 million and $0.4 million, respectively.

Accrued Expenses and Other Current Liabilities

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


	September 30, 2022		December 31, 2021
Professional fees	$	626	$	186
Early exercise liability		193		337
Other accrued expenses		478		363
Total accrued expenses and other current liabilities	$	1,297	$	886