Balance Sheet Components |
Balance Sheet Components Prepaid expenses and other current assets consist of the following (amounts in thousands): | | | | | | | | | | | | | | | | Successor | | December 31, 2022 | | | December 31, 2021 | Research and development costs | $ | 11,321 | | | | $ | 11,224 | | Insurance related costs | 2,788 | | | | 4,661 | | Value added tax receivable | 2,557 | | | | 1,422 | | Other | 3,271 | | | | 993 | | | $ | 19,937 | | | | $ | 18,300 | |
Accrued expenses and other current liabilities consist of the following (amounts in thousands): | | | | | | | | | | | | | | | | Successor | | December 31, 2022 | | | December 31, 2021 | Research and development costs | $ | 10,795 | | | | $ | 9,323 | | Personnel related expenses | 7,264 | | | | 4,865 | | Professional fees | 4,171 | | | | 1,514 | | Income tax liability | 1,582 | | | | 769 | | Other | 690 | | | | 102 | | | $ | 24,502 | | | | $ | 16,573 | |
Property and equipment, net consisted of the following (amounts in thousands): | | | | | | | | | | | | | | | | Successor | | December 31, 2022 | | | December 31, 2021 | Computer equipment | $ | 442 | | | | $ | 196 | | Construction in progress | 890 | | | | — | | Property and equipment, at cost | 1,332 | | | | 196 | | Less: Accumulated depreciation | (164) | | | | (34) | | Property and equipment, net | $ | 1,168 | | | | $ | 162 | |
Foreign Currency Translation Adjustments consisted of the following (amounts in thousands):
| | | | | | | | | | | | | | | | Successor | | Twelve months ended December 31, 2022 | | | Period from January 30, 2021 through December 31, 2021 | Foreign currency translation adjustments | $ | (1,382) | | | | $ | 778 | | Reclassifications to net loss | (803) | | | | — | | Foreign Currency Translation Adjustments | $ | (2,185) | | | | $ | 778 | |
|