Annual report pursuant to Section 13 and 15(d)

Selected Balance Sheet Information

Selected Balance Sheet Information

12 Months Ended

Dec. 31, 2020

3. Selected Balance Sheet Information

PREPAID EXPENSES AND OTHER CURRENT ASSETS (in thousands):


	December 31,		December 31,
	2020		2019
Prepaid insurances	$	639	$	549
Prepaid clinical research organizations		470		48
Stock sales receivable		469		3
Prepaid consulting, subscriptions and other expenses		90		134
Prepaid manufacturing expenses		39		622
Prepaid conferences and travel		—		25

Total	$	1,707	$	1,381

Prepaid CRO expense is classified as a current asset. The Company makes payments to the CROs based on agreed upon terms that include payments in advance of study services.

PROPERTY AND EQUIPMENT (in thousands)


	December 31,		December 31,
	2020		2019
Computers and office equipment	$	813	$	804
Leasehold improvements		439		439
Software		11		11
		1,263		1,254
Less: accumulated depreciation and amortization		(1,089)		(887)

Total	$	174	$	367

ACCRUED EXPENSES (in thousands)


	December 31,		December 31,
	2020		2019
Accrued clinical consulting services	$	700	$	684
Accrued vendor payments		225		456
Accrued manufacturing costs		—		636

Total	$	925	$	1,776

ACCRUED EMPLOYEE BENEFITS (in thousands)


	December 31,		December 31,
	2020		2019
Accrued bonus expense	$	724	$	858
Accrued vacation expense		144		77

Total	$	868	$	935