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Balance Sheet Components | 6 Months Ended
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Jun. 30, 2022
Balance Sheet Related Disclosures [Abstract] |
Balance Sheet Components | Balance Sheet Components Property and Equipment, Net Property and equipment, net consists of the following:
| June 30, 2022 |  | December 31, 2021
| (In thousands)
Computer equipment and software | $ | 1,289 |  |  | $ | 1,224 |
Laboratory equipment | 15,475 |  |  | 12,778 |
Furniture and fixtures | 868 |  |  | 1,136 |
Leasehold improvements | 34,146 |  |  | 26,701 |
Construction in progress | 2,096 |  |  | 4,395 |
Total property and equipment | 53,874 |  |  | 46,234 |
Less accumulated depreciation and amortization | (15,641) |  |  | (13,174) |
Property and equipment, net | $ | 38,233 |  |  | $ | 33,060 |
The Company performed an impairment analysis for certain laboratory equipment assets based on the identification of impairment indicators during the three months ended June 30, 2022. The analysis determined that the fair value of the assets, which was determined using a market approach, was lower than the carrying value. As a result of the evaluation, an impairment charge of $2.0 million was recognized for the three months ended June 30, 2022. The assets indicated as impaired were written down to their estimated fair value. Accrued Expenses and Other Current Liabilities Accrued expenses and other current liabilities consist of the following:
| June 30, 2022 |  | December 31, 2021
| (In thousands)
Employee compensation | $ | 8,128 |  |  | $ | 9,209 |
Accrued nonclinical, clinical and process development costs | 8,387 |  |  | 4,953 |
State income tax payable | 178 |  |  | 1,318 |
Accrued professional services | 986 |  |  | 550 |
Other | 1,951 |  |  | 2,017 |
Total accrued expenses and other current liabilities | $ | 19,630 |  |  | $ | 18,047 |

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -URI https://asc.fasb.org/topic&trid=2122208 + Details
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