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Balance Sheet Components
12 Months Ended
Dec. 31, 2020
Balance Sheet Related Disclosures [Abstract]  
Balance Sheet Components

4. Balance Sheet Components

Prepaid Expenses and Oher Non-current assets

Prepaid expenses and other non-current assets consisted of the following (in thousands):

 

 

 

December 31,

 

 

 

2020

 

 

2019

 

Prepaid clinical and research expenses

 

$

 

 

$

1,462

 

Deferred offering costs

 

 

 

 

 

894

 

Deposits

 

 

608

 

 

 

58

 

Total prepaid expenses and other non-current assets

 

$

608

 

 

$

2,414

 

 

Property and Equipment, net

Property and equipment, net, consisted of the following (in thousands):

 

 

 

December 31,

 

 

 

2020

 

 

2019

 

Manufacturing and laboratory equipment

 

$

2,179

 

 

$

1,863

 

Computer hardware

 

 

28

 

 

 

28

 

Office furniture and equipment

 

 

28

 

 

 

28

 

Leasehold improvement

 

 

234

 

 

 

 

Construction in progress

 

 

611

 

 

 

795

 

Total property and equipment, at cost

 

 

3,080

 

 

 

2,714

 

Less: accumulated depreciation

 

 

(1,134

)

 

 

(739

)

Property and equipment, net

 

$

1,946

 

 

$

1,975

 

 

Depreciation expense for the years ended December 31, 2020 and 2019 was $395,000 and $303,000, respectively.

Other Current Liabilities

Other current liabilities consisted of the following (in thousands):

 

 

 

December 31,

 

 

 

2020

 

 

2019

 

Salaries and benefits

 

$

2,302

 

 

$

2,044

 

Professional services

 

 

425

 

 

 

946

 

Deferred rent

 

 

27

 

 

 

 

Other

 

 

374

 

 

 

134

 

Total other current liabilities

 

$

3,128

 

 

$

3,124