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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 103,457 $ 79,221
Marketable securities 148,765 223,142
Prepaid expenses and other current assets 4,673 8,640
Other receivable 910 1,770
Total current assets 257,805 312,773
Restricted cash, non-current 69 73
Property and equipment, net 2,364 3,116
Operating lease right-of-use assets 2,644 3,978
Other non-current assets 20 20
Total assets 262,902 319,960
Current liabilities:    
Accounts payable 6,229 1,453
Accrued expenses 15,882 19,826
Current portion of operating lease liabilities 1,893 1,851
Other current liabilities 1,623 485
Total current liabilities 25,627 23,615
Operating lease liabilities 950 2,488
Other liabilities 213 210
Total liabilities 26,790 26,313
Commitments and contingencies (Note 8)
Shareholders’ equity:    
Ordinary shares, $0.000017100448 par value. 2,923,900,005 shares authorized as of September 30, 2023; 107,168,686 shares issued and outstanding as of September 30, 2023; 2,923,900,005 shares authorized as of December 31, 2022; 107,043,924 shares issued and outstanding as of December 31, 2022 2 2
Additional paid-in capital 745,786 732,476
Accumulated other comprehensive loss (3,220) (2,080)
Accumulated deficit (540,230) (470,525)
Total LianBio shareholders’ equity 202,338 259,873
Non-controlling interest 33,774 33,774
Total shareholders’ equity 236,112 293,647
Total liabilities and shareholders’ equity $ 262,902 $ 319,960