Annual report pursuant to Section 13 and 15(d)

Balance Sheet Components

v3.20.1
Balance Sheet Components
12 Months Ended
Dec. 31, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Balance Sheet Components

5. Balance Sheet Components

Property and Equipment, Net

Property and equipment consists of the following (in thousands):

 

 

 

December 31,

2019

 

 

December 31,

2018

 

Leasehold improvements

 

$

3,268

 

 

$

3,268

 

Furniture, laboratory and office equipment

 

 

2,578

 

 

 

2,043

 

Computer equipment

 

 

253

 

 

 

219

 

Total property and equipment

 

 

6,099

 

 

 

5,530

 

Less accumulated depreciation and amortization

 

 

(1,817

)

 

 

(935

)

Property and equipment, net

 

$

4,282

 

 

$

4,595

 

 

Depreciation expense was $0.9 million for the year ended December 31, 2019, $0.7 million for the year ended December 31, 2018 and $0.2 million for the year ended December 31, 2017.

Accrued Liabilities

Accrued liabilities consisted of the following (in thousands):

 

 

 

December 31,

2019

 

 

December 31,

2018

 

Accrued preclinical and research costs

 

$

1,687

 

 

$

1,146

 

Accrued clinical costs

 

 

1,027

 

 

 

434

 

Accrued employee-related costs

 

 

1,293

 

 

 

736

 

Accrued professional services

 

 

53

 

 

 

138

 

Other

 

 

158

 

 

 

224

 

Total accrued liabilities

 

$

4,218

 

 

$

2,678