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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Rpi Finance Trust
Common Stock
Common Stock
Rpi Finance Trust
Capital Contributed in Excess of Par
Capital Contributed in Excess of Par
Rpi Finance Trust
Treasury Stock
Treasury Stock
Rpi Finance Trust
Accumulated Deficit
Accumulated Other Comprehensive (Loss) Income
Noncontrolling Interest
Convertible preferred stock
IPO
IPO
Common Stock
IPO
Capital Contributed in Excess of Par
Private placement
Seattle Genetics, Inc., (“SGEN”)
Private placement
Common Stock
Seattle Genetics, Inc., (“SGEN”)
Private placement
Capital Contributed in Excess of Par
Seattle Genetics, Inc., (“SGEN”)
Market Offering
Market Offering
Common Stock
Market Offering
Capital Contributed in Excess of Par
Beginning balance (in shares) at Jun. 30, 2016     95,868,000                 0                  
Beginning balance at Jun. 30, 2016 $ (57,528)   $ 958   $ 311,320   $ (458)   $ (368,505) $ (132) $ (711) $ 0                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Issuance of preferred stock (in shares)                       1,000,000                  
Issuance of preferred stock, net 121,782       121,772             $ 10                  
Issuance of common stock (in shares)                           10,000,000     3,000,000        
Issuance of common stock, net                         $ 28,578 $ 100 $ 28,478 $ 14,700 $ 30 $ 14,670      
Proceeds of public offering allocated to warrant liability (6,966)       (6,966)                     $ (14,670)   $ (14,670)      
Exercise of stock options (in shares)     1,279,000                                    
Exercise of stock options, net 4,290   $ 13   4,277                                
Stock based compensation (in shares)     198,000                                    
Stock-based compensation 3,787   $ 2   3,785                                
Other comprehensive income (loss) (171)                 (171)                      
Net loss (153,266)               (153,206)   (60)                    
Ending balance (in shares) at Jun. 30, 2017     110,345,000                 1,000,000                  
Ending balance at Jun. 30, 2017 (59,464)   $ 1,103   462,666   (458)   (521,711) (303) (771) $ 10                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Reclassification of warrant liability to equity 190,369       190,369                                
Issuance of common stock (in shares)       4,373,000                   13,225,000              
Issuance of common stock, net   $ 67,784   $ 44   $ 67,740             299,467 $ 132 299,335            
Exercise of common stock warrants (in shares)     18,206,000                                    
Exercise of common stock warrants 78,226   $ 182   78,044                                
Exercise of stock options (in shares)     586,000                                    
Exercise of stock options, net 2,261   $ 6   2,255                                
Conversion of preferred shares (in shares)     23,105,000                 1,000,000                  
Conversion of preferred stock 0   $ 231   (221)             $ (10)                  
Issuance of common stock due to debt conversion (in shares)     16,800,000                                    
Issuance of common stock due to debt conversion 92,475   $ 168   92,307                                
Stock based compensation (in shares)     331,000                                    
Stock-based compensation 4,027   $ 3   4,024                                
Conversion of RSU's for tax withholding payments (in shares)     (170,000)                                    
Conversion of RSU's for tax withholding payments (1,522)   $ (1)   (1,521)                                
Other comprehensive income (loss) (50)                 (50)                      
Net loss (273,887)               (273,837)   (50)                    
Ending balance (in shares) at Jun. 30, 2018     186,801,000                 0                  
Ending balance at Jun. 30, 2018 399,686   $ 1,868   1,194,998   (458)   (795,548) (353) (821) $ 0                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Reclassification of warrant liability to equity 7,569       7,569                                
Exercise of common stock warrants (in shares)     450,000                                    
Exercise of common stock warrants 1,688   $ 5   1,683                                
Exercise of stock options (in shares)     706,000                                    
Exercise of stock options, net $ 176   $ 7   2,619   (2,450)                            
Retirement of treasury stock (in shares) (105,959)     (106,000)                                  
Retirement of treasury stock   $ 0   $ (1)   $ (2,083)   $ 2,084                          
Issuance of common stock due to debt conversion (in shares)     2,568,000                                    
Issuance of common stock due to debt conversion $ 13,783   $ 26   13,757                                
Stock based compensation (in shares)     36,000                                    
Stock-based compensation 886       886                                
Conversion of RSU's for tax withholding payments (in shares)     (9,000)                                    
Conversion of RSU's for tax withholding payments (192)       (192)                                
Other comprehensive income (loss) 2                 2                      
Net loss (157,749)               (157,668)   (81)                    
Ending balance (in shares) at Dec. 31, 2018     190,446,000                 0                  
Ending balance at Dec. 31, 2018 265,849   $ 1,905   1,219,237   (824)   (953,216) (351) (902) $ 0                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Issuance of common stock (in shares)                           16,429,000           4,432,000  
Issuance of common stock, net                         $ 273,031 $ 164 $ 272,867       $ 71,597 $ 44 $ 71,553
Exercise of stock options (in shares)     1,207,000                                    
Exercise of stock options, net 2,553   $ 12   3,812   (1,271)                            
Stock based compensation (in shares)     15,000                                    
Stock-based compensation 11,736       11,736                                
Other comprehensive income (loss) (217)                 (217)                      
Net loss (357,319)               (357,190)   (129)                    
Ending balance (in shares) at Dec. 31, 2019     212,529,000                 0                  
Ending balance at Dec. 31, 2019 $ 267,230   $ 2,125   $ 1,579,205   $ (2,095)   $ (1,310,406) $ (568) $ (1,031) $ 0