PREPAID EXPENSES AND OTHER CURRENT ASSETS (Tables)
12 Months Ended
Dec. 31, 2021
PREPAID EXPENSES AND OTHER CURRENT ASSETS  
Summary of prepaid expenses and other current assets

Prepaid expenses and other current assets consisted of the following (in thousands):

    

December 31, 

    

December 31,

(in thousands)

2021

2020

Prepaid research and development expenses

$

4,483

$

2,349

Insurance premium asset

1,616

1,463

Prepaid rent expenses

 

117

 

108

Prepaid insurance expenses

 

105

 

91

Prepaid commercial and patient advocacy

254

968

Research and development tax credit receivable

 

502

 

500

Interest receivable

23

5

Other prepaid expenses and current assets

471

280

Total prepaid expenses & other current assets

$

7,571

$

5,764