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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 58,007 $ 62,478
Short-term restricted cash 870 1,034
Prepaid expenses and other current assets 4,211 6,344
Refundable tax credit 1,536 1,276
Total current assets 64,624 71,132
Operating lease right-of-use assets 2,866 3,331
Other assets 555 507
Total assets 68,045 74,970
Current liabilities:    
Current portion of debt 258 208
Accounts payable 2,773 1,495
Accrued expenses 6,738 9,066
Operating lease liabilities — current 1,442 1,751
Total current liabilities 11,211 12,520
Debt, net of current portion 110 168
Operating lease liabilities 2,078 2,395
Other liabilities 7 16
Total liabilities 13,406 15,099
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Preferred stock, $0.001 par value: 5,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.001 par value: 100,000,000 shares authorized; 18,998,252 and 18,266,545 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 19 18
Additional paid-in capital 274,340 267,018
Accumulated deficit (220,652) (208,654)
Accumulated other comprehensive income 123 165
Total stockholders’ equity attributable to Millendo Therapeutics, Inc. 53,830 58,547
Equity attributable to noncontrolling interests 809 1,324
Total stockholders’ equity 54,639 59,871
Total liabilities and stockholders’ equity $ 68,045 $ 74,970