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Geographic Segments
9 Months Ended
Mar. 31, 2016
Geographic Segments [Abstract]  
Geographic Segments

8.Geographic Segments

Immunomedics manages its operations as one line of business of researching, developing, manufacturing and marketing biopharmaceutical products, particularly antibody-based products for cancer, autoimmune and other serious diseases, and it currently reports as a single industry segment. Immunomedics conducts its research and development activities primarily in the United States. Immunomedics markets and sells LeukoScan® throughout Europe and in certain other countries outside the United States.

The following table presents financial information based on the geographic location of the facilities of Immunomedics as of and for the three and nine-months ended March 31, 2016 and 2015, respectively ($ in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of and for the three months ended

 

 

 

March 31, 2016

 

 

    

 

United 

    

 

 

    

 

 

 

 

 

 

States

 

 

Europe

 

 

Total

 

Total assets

 

$

66,324

 

$

1,318

 

$

67,642

 

Property and equipment, net

 

 

3,099

 

 

69

 

 

3,168

 

Revenues

 

 

356

 

 

543

 

 

899

 

Loss before taxes

 

 

(15,789)

 

 

(104)

 

 

(15,893)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of and for the three months ended

 

 

 

March 31, 2015

 

 

    

 

United

    

 

 

    

 

 

 

 

 

 

States

 

 

Europe

 

 

Total

 

Total assets

 

$

110,600

 

$

1,234

 

$

111,834

 

Property and equipment, net

 

 

2,056

 

 

9

 

 

2,065

 

Revenues

 

 

489

 

 

694

 

 

1,183

 

Loss before taxes

 

 

(11,762)

 

 

(23)

 

 

(11,785)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended

 

 

  

March 31, 2016

 

 

 

 

United

 

 

 

 

 

 

 

 

  

 

States

 

 

    Europe    

 

 

    Total    

  

Revenues

  

$

587

 

$

1,714

 

$

2,301

 

Loss before taxes

  

 

(47,977)

 

 

(290)

 

 

(48,267)

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

Nine Months Ended

 

 

 

March 31, 2015

 

 

  

 

    United    

 

 

 

 

 

 

 

 

 

 

States

 

 

    Europe    

 

 

    Total    

 

Revenues

  

$

1,110

 

$

2,147

 

$

3,257

 

Loss before taxes

  

 

(35,733)

 

 

79

 

 

(35,654)