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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 43,212 $ 62,478
Short-term restricted cash 540 1,034
Prepaid expenses and other current assets 2,093 6,344
Refundable tax credit 244 1,276
Total current assets 46,089 71,132
Operating lease right-of-use assets 2,360 3,331
Other assets 389 507
Total assets 48,838 74,970
Current liabilities:    
Current portion of debt 222 208
Accounts payable 1,733 1,495
Accrued expenses 4,267 9,066
Operating lease liabilities — current 899 1,751
Total current liabilities 7,121 12,520
Debt, net of current portion 117 168
Operating lease liabilities 1,786 2,395
Other liabilities 0 16
Total liabilities 9,024 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 September 30, 2020 and December 31, 2019, respectively 19 18
Additional paid-in capital 276,551 267,018
Accumulated deficit (237,698) (208,654)
Accumulated other comprehensive income 274 165
Total stockholders’ equity attributable to Millendo Therapeutics, Inc. 39,146 58,547
Equity attributable to noncontrolling interests 668 1,324
Total stockholders’ equity 39,814 59,871
Total liabilities and stockholders’ equity $ 48,838 $ 74,970