XML 20 R9.htm IDEA: XBRL DOCUMENT v3.21.2
Other Financial Statement Information
 9 Months Ended
Sep. 30, 2021
Other Financial Statement Information [Abstract]  
Other Financial Statement Information

3. OTHER FINANCIAL STATEMENT INFORMATION

Prepaid Expense and Other Current Assets

Prepaid expenses and other current assets consist of the following.

 

 

 

September 30,
2021

 

 

December 31,
2020

 

Prepaid insurance

 

$

1,837

 

 

$

27

 

Prepaid contract costs

 

 

889

 

 

 

—

 

Deposits

 

 

57

 

 

 

86

 

Receivables on exercise of options

 

 

—

 

 

 

52

 

Other

 

 

786

 

 

 

392

 

Total prepaid expenses and other current assets

 

$

3,569

 

 

$

557

 

 

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consist of the following.

 

 

 

September 30,
2021

 

 

December 31,
2020

 

Accrued payroll

 

$

1,051

 

 

$

405

 

Related party payable

 

 

994

 

 

 

—

 

Accrued expenses and other

 

 

666

 

 

 

130

 

Total accrued expenses and other current liabilities

 

$

2,711

 

 

$

535

 

 

Related party payable represents amounts due to Ares Trading S.A. (“Ares”), an affiliate of Merck KGaA, Darmstadt, Germany, related to manufacturing technology and know-how transfer services performed for atacicept pursuant to the license agreement between the Company and Ares (see Note 11).