Quarterly report pursuant to Section 13 or 15(d)

Balance Sheet Components (Tables)

v3.23.1
Balance Sheet Components (Tables)
3 Months Ended
Mar. 31, 2023
Property, Plant and Equipment [Abstract]  
Schedule of 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

 

Summary of 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

 

Schedule of Accrued Expenses

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