XML 50 R12.htm IDEA: XBRL DOCUMENT v3.23.4

Balance Sheet Components

9 Months Ended

12 Months Ended

Sep. 30, 2023

Dec. 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 September 30, 2023 and December 31, 2022 consisted of the following (in thousands):

		September 30, 2023				December 31, 2022
Advances to suppliers		$	—			$	2,486
Prepaid insurance			1,227				1,343
Other prepaid expenses			3,550				3,307
Total prepaid expenses and other current assets		$	4,777			$	7,136

Property and Equipment, Net

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

		September 30, 2023				December 31, 2022
Furniture and fixtures		$	1,264			$	321
Computers and network equipment			—				251
Lab equipment			—				12,521
Leasehold improvements			12,108				304
Construction-in-progress			—				12,440
Total property and equipment			13,372				25,837
Less: accumulated depreciation			(838	)			(3,207	)
Total property and equipment, net			12,534				22,630

Depreciation expense for the three and nine months ended September 30, 2023 was $0.8 million and $2.3 million, respectively. Depreciation expense for the three and nine months ended September 30, 2022 was $0.7 million and $1.7 million, respectively.

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities as of September 30, 2023 and December 31, 2022 consisted of the following (in thousands):

		September 30, 2023				December 31, 2022
Professional fees		$	178			$	367
Early exercise liability			34				150
Other accrued expenses			221				1,354
Accrued employee termination benefits			2,983				—
Total accrued expenses and other current liabilities		$	3,416			$	1,871

5. Balance Sheet Components

Prepaid Expenses and Other Current Assets

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

		December 31, 2022				December 31, 2021
Advances to suppliers		$	2,486			$	1,834
Prepaid insurance			1,343				1,543
Other prepaid expenses			3,307				1,383
Total prepaid expenses and other current assets		$	7,136			$	4,760

Property and Equipment, Net

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

		December 31, 2022				December 31, 2021
Furniture and fixtures		$	321			$	3
Computers and network equipment			251				108
Lab equipment			12,521				6,680
Leasehold improvements			304				94
Construction-in-progress			12,440				477
Total property and equipment			25,837				7,362
Less: accumulated depreciation			(3,207	)			(855	)
Total property and equipment, net		$	22,630			$	6,507

Depreciation expense for the years ended December 31, 2022 and 2021 was $2.4 and $0.7 million, respectively.

Accrued Expenses

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

		December 31, 2022				December 31, 2021
Professional fees		$	367			$	186
Early exercise liability			150				337
Other accrued expenses			1,354				363
Total accrued expenses and other current liabilities		$	1,871			$	886

X

- References

No definition available.

+ Details

Name:	us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 360
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//360/tableOfContent

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-SubTopic 360
-Topic 958
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480321/958-360-50-6

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-SubTopic 360
-Topic 958
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480321/958-360-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-SubTopic 360
-Topic 958
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480321/958-360-50-7

+ Details

Name:	us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration