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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2016
Jun. 30, 2015
Current Assets:    
Cash and cash equivalents $ 11,209,309 $ 13,452,775
Marketable securities 50,369,863 86,165,532
Accounts receivable, net of allowance for doubtful accounts of $85,254 at March 31, 2016 and $54,177 at June 30, 2015 590,820 345,627
Inventory 170,680 584,424
Other receivables 270,817 857,068
Prepaid expenses 1,562,352 1,136,103
Other current assets 270,146 945,673
Total current assets 64,443,987 103,487,202
Property and equipment, net of accumulated depreciation of $28,396,052 and $27,891,272 at March 31, 2016 and June 30, 2015, respectively 3,167,554 2,241,838
Other long-term assets 30,000 50,566
Total Assets 67,641,541 105,779,606
Current Liabilities:    
Accounts payable and accrued expenses 13,535,994 11,808,223
Deferred revenues 265,692 271,667
Total current liabilities 13,801,686 12,079,890
Convertible senior notes – net of unamortized debt issuance costs of $2,282,057 at March 31, 2016 and $3,375,423 at June 30, 2015 97,171,943 96,624,577
Other liabilities $ 1,674,397 $ 1,599,760
Commitments and Contingencies
Stockholders' Deficit:    
Common stock, $.01 par value; authorized 155,000,000 shares; issued 94,836,015 shares and outstanding 94,546,578 shares at March 31, 2016; and issued 94,546,578 shares and outstanding 94,511,853 shares at June 30, 2015 $ 948,359 $ 945,465
Capital contributed in excess of par 307,907,709 305,229,354
Treasury stock, at cost, 34,725 shares at March 31, 2016 and at June 30, 2015 (458,370) (458,370)
Accumulated deficit (352,603,921) (309,468,004)
Accumulated other comprehensive loss (113,868) (161,092)
Total Immunomedics, Inc. stockholders' deficit (44,320,091) (3,912,647)
Noncontrolling interest in subsidiary (686,394) (611,974)
Total stockholders’ deficit (45,006,485) (4,524,621)
Total Liabilities and Stockholders' Deficit $ 67,641,541 $ 105,779,606