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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 536,295 $ 608,628
Marketable securities 4,325 4,550
Accounts receivable, net of allowances of $0 at March 31, 2020 and December 31, 2019 0 295
Prepaid expenses 17,315 21,818
Other current assets 3,788 3,413
Total current assets 561,723 638,704
Property and equipment, net of accumulated depreciation and amortization of $8,907 and $7,925 at March 31, 2020 and December 31, 2019, respectively 32,150 32,762
Other long-term assets 233 256
Total Assets 594,106 671,722
Current Liabilities:    
Accounts payable and accrued expenses 59,268 60,860
Liability related to sale of future royalties - current 7,491 3,455
Lease liability - current 346 337
Convertible senior notes, net 0 7,106
Total current liabilities 67,105 71,758
Liability related to sale of future royalties - non-current 267,215 257,769
Deferred revenues 65,000 65,000
Lease liability - non-current 9,875 9,965
Total Liabilities 409,195 404,492
Commitments and Contingencies (Note 11)
Stockholders' Equity:    
Convertible preferred stock, $0.01 par value; authorized 10,000,000 shares; no shares issued and outstanding at March 31, 2020 and December 31, 2019 0 0
Common stock, $0.01 par value; authorized 250,000,000 shares; issued 213,929,505 shares and outstanding 213,809,884 shares at March 31, 2020; issued 212,529,313 shares and outstanding 212,409,692 shares at December 31, 2019 2,139 2,125
Capital contributed in excess of par 1,590,185 1,579,205
Treasury stock, at cost: 119,621 shares at March 31, 2020 and December 31, 2019 (2,095) (2,095)
Accumulated deficit (1,403,453) (1,310,406)
Accumulated other comprehensive loss (802) (568)
Total Immunomedics, Inc. stockholders' equity 185,974 268,261
Noncontrolling interest in subsidiary (1,063) (1,031)
Total Stockholders' Equity 184,911 267,230
Total Liabilities and Stockholders' Equity $ 594,106 $ 671,722