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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 50,312 $ 62,478
Short-term restricted cash 705 1,034
Prepaid expenses and other current assets 2,845 6,344
Refundable tax credit 210 1,276
Total current assets 54,072 71,132
Operating lease right-of-use assets 2,616 3,331
Other assets 444 507
Total assets 57,132 74,970
Current liabilities:    
Current portion of debt 207 208
Accounts payable 1,340 1,495
Accrued expenses 7,366 9,066
Operating lease liabilities — current 1,173 1,751
Total current liabilities 10,086 12,520
Debt, net of current portion 168 168
Operating lease liabilities 1,934 2,395
Other liabilities 0 16
Total liabilities 12,188 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; 18,999,701 and 18,266,545 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively 19 18
Additional paid-in capital 275,463 267,018
Accumulated deficit (231,324) (208,654)
Accumulated other comprehensive income 118 165
Total stockholders’ equity attributable to Millendo Therapeutics, Inc. 44,276 58,547
Equity attributable to noncontrolling interests 668 1,324
Total stockholders’ equity 44,944 59,871
Total liabilities and stockholders’ equity $ 57,132 $ 74,970