As of December 31, 2021 and 2020, accrued expenses consisted of the following:
As of December 31,
in USD ‘000
2021
2020
Accrued research and development expenses
10,123
7,662
Accrued compensation-related expenses
3,125
2,334
Accrued other expenses
535
252
Total accrued expenses
13,783
10,248