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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2016
Jun. 30, 2015
Current Assets:    
Cash and cash equivalents $ 13,203,625 $ 13,452,775
Marketable securities 37,424,221 86,165,532
Accounts receivable, net of allowance for doubtful accounts of $74,546 and $54,177 at June 30, 2016 and 2015, respectively 513,992 345,627
Inventory 350,524 584,424
Other receivables 236,768 857,068
Prepaid expenses 1,038,155 1,136,103
Other current assets 183,820 945,673
Total current assets 52,951,105 103,487,202
Property and equipment, net 3,969,163 2,241,838
Value of life insurance policies   20,566
Other long-term assets 30,000 30,000
Total Assets 56,950,268 105,779,606
Current Liabilities:    
Accounts payable and accrued expenses 15,188,189 11,808,223
Deferred revenues 235,372 271,667
Total current liabilities 15,423,561 12,079,890
Convertible senior notes – net of unamortized debt issuance costs of $2,645,602 and $3,375,423 at June 30, 2016 and 2015, respectively 97,354,398 96,624,577
Other liabilities 1,699,276 1,599,760
Commitments and Contingencies (Note 13)
Stockholders' Deficit:    
Preferred stock, $0.01 par value; authorized 10,000,000 shares; no shares issued and outstanding at June 30, 2016 and at June 30, 2015
Common stock, $.01 par value; authorized 155,000,000 shares; issued 95,867,298 shares and outstanding 95,832,573 shares at June 30, 2016; issued 94,546,578 shares and outstanding 94,511,853 shares at June 30, 2015 958,672 945,465
Capital contributed in excess of par 311,320,651 305,229,354
Treasury stock, at cost, 34,725 shares at June 30, 2016 and at June 30, 2015 (458,370) (458,370)
Accumulated deficit (368,504,954) (309,468,004)
Accumulated other comprehensive loss (132,226) (161,092)
Total Immunomedics, Inc. stockholders' deficit (56,816,227) (3,912,647)
Noncontrolling interest in subsidiary (710,740) (611,974)
Total stockholders’ deficit (57,526,967) (4,524,621)
Total Liabilities and Stockholders' Deficit $ 56,950,268 $ 105,779,606