XML 16 R2.htm IDEA: XBRL DOCUMENT v3.19.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 427,909 $ 492,860
Marketable securities 4,741 4,941
Prepaid expenses 8,296 5,354
Other current assets 1,313 1,348
Total current assets 442,259 504,503
Property and equipment, net of accumulated depreciation and amortization of $6,260 and $4,316 at June 30, 2019 and December 31, 2018, respectively 35,177 23,469
Other long-term assets 249 68
Total Assets 477,685 528,040
Current Liabilities:    
Accounts payable and accrued expenses 38,967 31,722
Liability related to sale of future royalties - current 5,314 0
Lease liability - current 271  
Total current liabilities 44,552 31,722
Convertible senior notes, net 7,081 7,055
Liability related to sale of future royalties - non-current 236,354 221,295
Deferred revenues 65,000 0
Other long-term liabilities 10,138 2,119
Total Liabilities 363,125 262,191
Commitments and Contingencies
Stockholders' Equity:    
Convertible preferred stock, $0.01 par value; authorized 10,000,000 shares; no shares issued and outstanding at June 30, 2019 and December 31, 2018 0 0
Common stock, $0.01 par value; authorized 250,000,000 shares; issued 191,972,321 shares and outstanding 191,852,700 shares at June 30, 2019; issued 190,445,795 shares and outstanding 190,411,070 shares at December 31, 2018 1,920 1,905
Capital contributed in excess of par 1,232,575 1,219,237
Treasury stock, at cost: 119,621 shares at June 30, 2019 and 34,725 shares at December 31, 2018 (2,095) (824)
Accumulated deficit (1,116,506) (953,216)
Accumulated other comprehensive loss (365) (351)
Total Immunomedics, Inc. stockholders' equity 115,529 266,751
Noncontrolling interest in subsidiary (969) (902)
Total stockholders' equity 114,560 265,849
Total Liabilities and Stockholders' Equity $ 477,685 $ 528,040