Quarterly report pursuant to Section 13 or 15(d)

Balance Sheet Components

v3.22.1
Balance Sheet Components
3 Months Ended
Mar. 31, 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 March 31, 2022 and December 31, 2021 consisted of the following (in thousands):

 

 

 

March 31,

2022

 

 

December 31,

2021

 

Advances to suppliers

 

$

1,673

 

 

$

1,834

 

Prepaid insurance

 

 

754

 

 

 

1,543

 

Other prepaid expenses

 

 

2,147

 

 

 

1,383

 

Total prepaid expenses and other current assets

 

$

4,574

 

 

$

4,760

 

Property and Equipment, Net

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

 

 

 

March 31,

2022

 

 

December 31,

2021

 

Furniture and fixtures

 

$

246

 

 

$

3

 

Computers and network equipment

 

 

162

 

 

 

108

 

Lab equipment

 

 

9,233

 

 

 

6,680

 

Leasehold improvements

 

 

228

 

 

 

94

 

Construction in progress

 

 

800

 

 

 

477

 

Total property and equipment

 

 

10,669

 

 

 

7,362

 

Less: accumulated depreciation

 

 

(1,295

)

 

 

(855

)

Total property and equipment, net

 

$

9,374

 

 

$

6,507

 

 

Depreciation expense for the three months ended March 31, 2022 and 2021 was $0.4 million and $0.1 million, respectively.  

Accrued Expenses and Other Current Liabilities

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

 

 

March 31,

2022

 

 

December 31,

2021

 

Professional fees

 

$

 

 

$

186

 

Early exercise liability

 

 

286

 

 

 

337

 

Other accrued expenses

 

 

872

 

 

 

363

 

Total accrued expenses and other current liabilities

 

$

1,158

 

 

$

886