Annual report pursuant to Section 13 and 15(d)

Selected Balance Sheet Information

v3.22.0.1
Selected Balance Sheet Information
12 Months Ended
Dec. 31, 2021
Selected Balance Sheet Information  
Selected Balance Sheet Information

3. Selected Balance Sheet Information

PREPAID EXPENSES AND OTHER CURRENT ASSETS (in thousands):

    

December 31, 

    

December 31, 

2021

2020

Prepaid insurance

$

803

$

639

Prepaid clinical research organizations

458

470

Prepaid consulting, subscriptions and other expenses

 

272

 

90

Stock sales receivable

469

Prepaid manufacturing expenses

39

 

 

Total

$

1,533

$

1,707

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, 

2021

2020

Computers and office equipment

$

827

$

813

Leasehold improvements

 

94

 

439

Software

 

11

 

11

 

932

 

1,263

Less: accumulated depreciation and amortization

 

(831)

 

(1,089)

 

  

 

  

Total

$

101

$

174

ACCRUED EXPENSES (in thousands)

    

December 31, 

    

December 31, 

2021

2020

Accrued vendor payments

$

1,028

$

225

Accrued clinical consulting services

696

700

Accrued manufacturing costs

204

 

  

 

  

Total

$

1,928

$

925

ACCRUED EMPLOYEE BENEFITS (in thousands)

    

December 31, 

    

December 31, 

2021

2020

Accrued bonus expense

$

886

$

724

Accrued vacation expense

 

92

 

144

 

  

  

Total

$

978

$

868