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Balance Sheet Components
12 Months Ended
Dec. 31, 2021
Property Plant And Equipment [Abstract]  
Balance Sheet Components

4. Balance Sheet Components

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets as of December 31, 2021 and 2020 consisted of the following (in thousands):

 

 

 

December 31,

2021

 

 

December 31,

2020

 

Advances to suppliers

 

$

1,834

 

 

$

956

 

Prepaid insurance

 

 

1,543

 

 

 

13

 

Other prepaid expenses

 

 

1,383

 

 

 

317

 

Total prepaid expenses and other current assets

 

$

4,760

 

 

$

1,286

 

 

Property and Equipment, Net

Property and equipment, net as of December 31, 2021 and 2020 consisted of the following (in thousands):

 

 

 

December 31,

2021

 

 

December 31,

2020

 

Furniture and fixtures

 

$

3

 

 

$

 

Computers and network equipment

 

 

108

 

 

 

24

 

Lab equipment

 

 

6,680

 

 

 

1,558

 

Leasehold improvements

 

 

94

 

 

 

 

 

Construction in progress

 

 

477

 

 

 

 

Total property and equipment

 

 

7,362

 

 

 

1,582

 

Less: accumulated depreciation

 

 

(855

)

 

 

(121

)

Total property and equipment, net

 

$

6,507

 

 

$

1,461

 

 

Depreciation expense for the years ended December 31, 2021 and 2020 was $0.7 million and $0.1 million, respectively.

Accrued Expenses

Accrued expenses as of December 31, 2021 and 2020 consisted of the following (in thousands):

 

 

 

December 31,

2021

 

 

December 31,

2020

 

Professional fees

 

$

186

 

 

$

55

 

Early exercise liability

 

 

337

 

 

 

 

Other accrued expenses

 

 

363

 

 

 

71

 

Total accrued expenses and other current liabilities

 

$

886

 

 

$

126