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Currency Risk (Tables)
 12 Months Ended
Dec. 31, 2021
Foreign Currency Risk [Abstract]  
Schedule of Financial Position Exposure

The Company is exposed to currency risk through its cash, research and development tax credits receivable, other receivables, accounts payable, accrued expenses and other current liabilities, as well as right-of-use lease liabilities denominated in Canadian dollars as follows:

 

 

 

December 31,

 

 

 

2021

 

 

2020

 

 

 

(in thousands)

 

Cash

 

$

3,583

 

 

$

1,715

 

Restricted cash

 

 

—

 

 

 

270

 

Research and development tax credits receivable

 

 

3,261

 

 

 

2,559

 

Other receivables

 

 

745

 

 

 

5,228

 

Accounts payable

 

 

(665

)

 

 

(1,322

)

Accrued expenses and other current liabilities

 

 

(2,116

)

 

 

(2,722

)

Lease liabilities

 

 

(5,564

)

 

 

(4,847

)

Net financial position exposure

 

$

(756

)

 

$

881