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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 608,628 $ 492,860
Marketable securities 4,550 4,941
Accounts receivable, net of allowances of $0 at December 31, 2019 295 0
Prepaid expenses 21,818 5,354
Other current assets 3,413 1,348
Total current assets 638,704 504,503
Property and equipment, net of accumulated depreciation and amortization of $7,925 and $4,316 at December 31, 2019 and 2018, respectively 32,762 23,469
Other long-term assets 256 68
Total Assets 671,722 528,040
Current Liabilities:    
Accounts payable and accrued expenses 60,860 31,722
Liability related to sale of future royalties - current 3,455 0
Lease liability - current 337  
Convertible senior notes, net 7,106 0
Total current liabilities 71,758 31,722
Convertible senior notes, net 0 7,055
Liability related to sale of future royalties - non-current 257,769 221,295
Deferred revenues 65,000 0
Other long-term liabilities 9,965 2,119
Total Liabilities 404,492 262,191
Commitments and Contingencies (Note 14)
Stockholders' Equity:    
Convertible preferred stock, $0.01 par value; authorized 10,000,000 shares; no shares issued and outstanding at December 31, 2019 and 2018 0 0
Common stock, $0.01 par value; authorized 250,000,000 shares; issued 212,529,313 shares and outstanding 212,409,692 shares at December 31, 2019; issued 190,445,795 shares and outstanding 190,411,070 shares at December 31, 2018 2,125 1,905
Capital contributed in excess of par 1,579,205 1,219,237
Treasury stock, at cost: 119,621 shares at December 31, 2019 and 34,725 shares at December 31, 2018 (2,095) (824)
Accumulated deficit (1,310,406) (953,216)
Accumulated other comprehensive loss (568) (351)
Total Immunomedics, Inc. stockholders' equity 268,261 266,751
Noncontrolling interest in subsidiary (1,031) (902)
Total Stockholders' Equity 267,230 265,849
Total Liabilities and Stockholders' Equity $ 671,722 $ 528,040