Quarterly report pursuant to Section 13 or 15(d)

Balance Sheet Components

v3.22.1
Balance Sheet Components
 3 Months Ended
Mar. 31, 2022
Balance Sheet Components [Abstract]  
Balance Sheet Components

4. Balance Sheet Components

 

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

 

    As of     As of  
    December 31,     March 31,  
    2021     2022  
             
Prepaid directors and officers liability insurance premiums   $ 821     $ 433  
Prepaid preclinical services     885       1,274  
Other     126       137  
Total   $ 1,832     $ 1,844  

 

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

 

    As of     As of  
    December 31,     March 31,  
    2021     2022  
             
Leasehold improvements   $        15     $          15  
Furniture and fixtures     14       16  
Subtotal     29       31  
Less accumulated depreciation     (1 )     (3 )
Net   $ 28     $ 28  

 

Accounts payable as of December 31, 2021 and March 31, 2022 consisted of the following (in thousands):

 

    As of     As of  
    December 31,     March 31,  
    2021     2022  
             
Trade accounts payable   $ 713     $ 562  
Credit card liability     29       27  
Total   $ 742     $ 589  

 

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

 

    As of     As of  
    December 31,     March 31,  
    2021     2022  
             
Accrued labor costs   $ 691     $ 1,015  
Accrued drug development costs     369       496  
Other     152       147  
Total   $ 1,212     $ 1,658