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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2015
Jun. 30, 2015
Current Assets:    
Cash and cash equivalents $ 13,716,207 $ 13,452,775
Marketable securities 62,328,031 86,165,532
Accounts receivable, net of allowance for doubtful accounts of $67,475 at December 31, 2015 and $54,177 at June 30, 2015 409,225 345,627
Inventory 490,704 584,424
Other receivables 26,779 857,068
Prepaid expenses 1,490,654 1,136,103
Other current assets 315,079 945,673
Total current assets 78,776,679 103,487,202
Property and equipment, net of accumulated depreciation of $28,227,002 and $27,891,272 at December 31, 2015 and June 30, 2015, respectively 3,136,834 2,241,838
Other long-term assets 50,566 50,566
Total Assets 81,964,079 105,779,606
Current Liabilities:    
Accounts payable and accrued expenses 14,946,983 11,808,223
Deferred revenues 269,515 271,667
Total current liabilities 15,216,498 12,079,890
Convertible senior notes – net of unamortized debt issuance costs of $3,010,512 at December 31, 2015 and $3,375,423 at June 30, 2015 96,989,488 96,624,577
Other liabilities $ 1,649,518 $ 1,599,760
Commitments and Contingencies
Stockholders' Deficit:    
Common stock, $.01 par value; authorized 155,000,000 shares; issued 94,741,919 shares and outstanding 94,707,194 shares at December 31, 2015; and issued 94,546,578 shares and outstanding 94,511,853 shares at June 30, 2015 $ 947,418 $ 945,465
Capital contributed in excess of par 307,165,796 305,229,354
Treasury stock, at cost, 34,725 shares at December 31, 2015 and at June 30, 2015 (458,370) (458,370)
Accumulated deficit (338,607,876) (309,468,004)
Accumulated other comprehensive loss (277,630) (161,092)
Total Immunomedics, Inc. stockholders' deficit (31,230,662) (3,912,647)
Noncontrolling interest in subsidiary (660,763) (611,974)
Total stockholders’ deficit (31,891,425) (4,524,621)
Total Liabilities and Stockholders' Deficit $ 81,964,079 $ 105,779,606