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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2016
Jun. 30, 2016
Current Assets:    
Cash and cash equivalents $ 8,464,607 $ 13,203,625
Marketable securities 24,570,193 37,424,221
Accounts receivable, net of allowance for doubtful accounts of $64,767 at September 30, 2016 and $74,546 at June 30, 2016 584,410 513,992
Inventory 329,391 350,524
Other receivables   236,768
Prepaid expenses 1,794,282 1,038,155
Other current assets 358,368 183,820
Total current assets 36,101,251 52,951,105
Property and equipment, net of accumulated depreciation of $28,870,579 and $28,637,606 at September 30, 2016 and June 30, 2016, respectively 4,477,597 3,969,163
Other long-term assets 30,000 30,000
Total Assets 40,608,848 56,950,268
Current Liabilities:    
Accounts payable and accrued expenses 14,118,979 15,188,189
Deferred revenues 206,275 235,372
Total current liabilities 14,325,254 15,423,561
Convertible senior notes – net of unamortized debt issuance costs of $2,463,148 at September 30, 2016 and $2,645,602 at June 30, 2016 97,536,854 97,354,398
Other liabilities 1,724,155 1,699,276
Commitments and Contingencies (Note 11)
Stockholders' Deficit:    
Preferred stock, $.01 par value; authorized 10,000,000 shares; no shares issued and outstanding at September 30, 2016 and June 30, 2016
Common stock, $.01 par value; authorized 155,000,000 shares; issued 95,977,580 shares and outstanding 95,942,855 shares at September 30, 2016; issued 95,867,298 shares and outstanding 95,832,573 shares at June 30, 2016 959,775 958,672
Capital contributed in excess of par 312,093,494 311,320,651
Treasury stock, at cost: 34,725 shares at September 30, 2016 and at June 30, 2016 (458,370) (458,370)
Accumulated deficit (384,702,802) (368,504,954)
Accumulated other comprehensive loss (127,727) (132,226)
Total Immunomedics, Inc. stockholders' deficit (72,235,630) (56,816,227)
Noncontrolling interest in subsidiary (741,785) (710,740)
Total stockholders’ deficit (72,977,415) (57,526,967)
Total Liabilities and Stockholders' Deficit $ 40,608,848 $ 56,950,268