Quarterly report pursuant to Section 13 or 15(d)

Balance Sheet Components

v3.23.2
Balance Sheet Components
 6 Months Ended
Jun. 30, 2023
Balance Sheet Components [Abstract]  
Balance Sheet Components

5. Balance Sheet Components

 

Prepaid expenses and other current assets as of December 31, 2022 and June 30, 2023 consisted of the following (in thousands):

 

    As of     As of  
    December 31,     June 30,  
    2022     2023  
             
Prepaid directors’ and officers’ liability insurance premiums   $ 476     $ 27  
Prepaid preclinical services     1,554       2,765  
Other     159       320  
Total   $ 2,189     $ 3,112  

 

Property, plant and equipment as of December 31, 2022 and June 30, 2023 consisted of the following (in thousands):

 

    As of     As of  
    December 31,     June 30,  
    2022     2023  
             
Leasehold improvements   $     15     $ 21  
Furniture and fixtures     14       21  
Subtotal     29       42  
Less accumulated depreciation     (7 )     (12 )
Net   $ 22     $ 30  

 

Accounts payable as of December 31, 2022 and June 30, 2023 consisted of the following (in thousands):

 

    As of     As of  
    December 31,     June 30,  
    2022     2023  
             
Trade accounts payable   $   846     $ 446  
Credit card liability     46       57  
Total   $ 892     $ 503  

 

Accrued liabilities as of December 31, 2022 and June 30, 2023 consisted of the following (in thousands):

 

    As of     As of  
    December 31,     June 30,  
    2022     2023  
             
Accrued labor costs   $     1,487     $ 839  
Accrued drug development costs     228       609  
Other     522       241  
Total   $ 2,237     $ 1,689