Balance Sheet Components

3 Months Ended

Mar. 31, 2023

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 March 31, 2023 and December 31, 2022 consisted of the following (in thousands):

	March 31, 2023		December 31, 2022
Advances to suppliers	$	2,063	$	2,486
Prepaid insurance		668		1,343
Other prepaid expenses		3,480		3,307
Total prepaid expenses and other current assets	$	6,211	$	7,136

Property and Equipment, Net

Property and equipment, net as of March 31, 2023 and December 31, 2022 consisted of the following (in thousands):

	March 31, 2023			December 31, 2022
Furniture and fixtures	$	321		$	321
Computers and network equipment		251			251
Lab equipment		12,503			12,521
Leasehold improvements		304			304
Construction-in-progress		23,553			12,440
Total property and equipment		36,932			25,837
Less: accumulated depreciation		(3,862	)		(3,207	)
Total property and equipment, net	$	33,070		$	22,630

Depreciation expense for the three months ended March 31, 2023 and 2022 was $0.7 million and $0.4 million, respectively.

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities as of March 31, 2023 and December 31, 2022 consisted of the following (in thousands):

	March 31, 2023		December 31, 2022
Professional fees	$	157	$	367
Early exercise liability		118		150
Other accrued expenses		4,889		1,354
Accrued employee termination benefits		2,153		—
Total accrued expenses and other current liabilities	$	7,317	$	1,871