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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2021
Summary of Significant Accounting Policies  
Schedule of change in the research and development incentive receivable

The following table shows the change in the research and development incentive receivable from January 1, 2020 to December 31, 2021:

Balance at January 1, 2020

    

$

185

Australian research and development incentive income, net

 

231

Cash received for 2019 eligible expenses

 

(331)

Foreign currency translation

(12)

Balance at December 31, 2020

 

73

Australian research and development incentive income, net

1,226

Cash received for 2020 eligible expenses

 

(111)

Foreign currency translation

 

1

Balance at December 31, 2021

$

1,189

Summary of assets and liabilities carried at fair value in accordance with the hierarchy

A summary of the assets and liabilities carried at fair value in accordance with the hierarchy defined above is as follows (in thousands):

    

Total

    

Level 1

    

Level 2

    

Level 3

December 31, 2021

Assets:

Cash equivalents

$

112,726

$

112,726

$

$

Total assets

$

112,726

$

112,726

$

$

December 31, 2020

 

  

 

  

 

  

 

  

Assets:

 

  

 

  

 

  

 

  

Cash equivalents

$

51,116

$

51,116

$

$

Total assets

$

51,116

$

51,116

$

$

Liabilities:

 

  

 

  

 

  

 

  

Restricted stock liability

$

204

$

204

$

$

Total liabilities

$

204

$

204

$

$