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Geographic Segments
9 Months Ended
Mar. 31, 2018
Geographic Segments  
Geographic Segments

10.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 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 marketed and sold LeukoScan® throughout Europe and in certain other countries outside the United States through February 2018; at which the Company discontinued these sales.

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, 2018 and 2017, respectively ($ in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

 

 

 

 

 

As of March 31, 2018

 

As of June 30, 2017

 

Total assets:

 

 

 

 

 

 

 

United States

 

$

377,791

 

$

161,484

 

Europe

 

 

2,097

 

 

1,089

 

  Total

 

$

379,888

 

$

162,573

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

 

 

 

 

 

As of March 31, 2018

 

As of June 30, 2017

 

Property and equipment, net:

 

 

 

 

 

 

 

United States

 

$

10,590

 

$

5,166

 

Europe

 

 

79

 

 

79

 

  Total

 

$

10,669

 

$

5,245

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended

 

 

  

March 31, 2018

 

 

  

2018

 

2017

 

Revenues:

 

 

 

 

 

 

 

United States

 

$

32

 

$

401

 

Europe

 

 

450

 

 

922

 

  Total

 

$

482

 

$

1,323

  

 

 

 

 

 

 

 

 

(Loss) income before taxes:

 

 

 

 

 

 

 

United States

 

$

(35,600)

 

$

(59,378)

 

Europe

 

 

42

 

 

58

 

  Total

 

$

(35,558)

 

$

(59,320)

 

 

 

 

 

 

 

 

 

 

 

  

For the nine months ended

 

 

 

March 31, 2017

 

 

  

2018

 

2017

 

Revenues:

 

 

 

 

 

 

 

United States

 

$

269

 

$

613

 

Europe

 

 

1,501

 

 

1,836

 

  Total

 

$

1,770

 

$

2,449

 

 

 

 

 

 

 

 

 

(Loss) income before taxes:

 

 

 

 

 

 

 

United States

 

$

(156,937)

 

$

(99,812)

 

Europe

 

 

89

 

 

(185)

 

  Total

 

$

(156,848)

 

$

(99,997)