|
5. Selected Balance Sheet Information
Prepaid expenses and other current assets (in thousands)
|
|
|
|
|
|
|
|
|
March 31, |
|
December 31, |
|
|
2022 |
|
2021 |
Receivable from prior owner |
|
$ |
1,594 |
|
$ |
— |
Prepaid insurances |
|
|
557 |
|
|
803 |
Prepaid clinical research organizations |
|
|
266 |
|
|
458 |
Prepaid consulting, subscriptions and other expenses |
|
|
217 |
|
|
272 |
VAT receivable |
|
|
127 |
|
|
— |
Prepaid manufacturing expenses |
|
|
102 |
|
|
— |
|
|
|
|
|
|
|
Total |
|
$ |
2,863 |
|
$ |
1,533 |
Prepaid clinical research organizations (CROs) 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. Receivable from prior VCN owner includes amounts due related to research and development tax rebates, VAT and corporate taxes.
5. Selected Balance Sheet Information – (continued)
Property and equipment, net (in thousands)
|
|
|
|
|
|
|
|
|
March 31, |
|
December 31, |
|
|
2022 |
|
2021 |
Computers and office equipment |
|
$ |
1,348 |
|
$ |
827 |
Leasehold improvements |
|
|
94 |
|
|
94 |
Software |
|
|
15 |
|
|
11 |
|
|
|
1,456 |
|
|
932 |
Less: accumulated depreciation and amortization |
|
|
(1,154) |
|
|
(831) |
|
|
|
|
|
|
|
Total |
|
$ |
302 |
|
$ |
101 |
Accrued expenses (in thousands)
|
|
|
|
|
|
|
|
|
March 31, |
|
December 31, |
|
|
2022 |
|
2021 |
Accrued clinical consulting services |
|
$ |
1,008 |
|
$ |
696 |
Accrued vendor payments |
|
|
305 |
|
|
1,028 |
Accrued manufacturing costs |
|
|
126 |
|
|
204 |
Vat payable |
|
|
91 |
|
|
— |
Other accrued expenses |
|
|
5 |
|
|
— |
|
|
|
|
|
|
|
Total |
|
$ |
1,535 |
|
$ |
1,928 |
Accrued employee benefits (in thousands)
|
|
|
|
|
|
|
|
|
March 31, |
|
December 31, |
|
|
2022 |
|
2021 |
Accrued bonus expense |
|
$ |
225 |
|
$ |
886 |
Accrued vacation expense |
|
|
115 |
|
|
92 |
Accrued compensation expense |
|
|
83 |
|
|
— |
|
|
|
|
|
|
|
Total |
|
$ |
423 |
|
$ |
978 |
|