XML 18 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2018
Jun. 30, 2017
Current Assets:    
Cash and cash equivalents $ 306,746,267 $ 43,393,570
Marketable securities 52,046,411 111,508,225
Accounts receivable, net of allowance for doubtful accounts of $1,941 at March 31, 2018 and $9,371 at June 30, 2017 195,046 488,723
Inventory   580,016
Prepaid expenses 4,276,134 891,284
Other current assets 5,894,556 436,344
Total current assets 369,158,414 157,298,162
Property and equipment, net of accumulated depreciation of $30,501,227 and $29,560,955 at March 31, 2018 and June 30, 2017, respectively 10,669,146 5,245,230
Other long-term assets 60,000 30,000
Total Assets 379,887,560 162,573,392
Current Liabilities:    
Accounts payable and accrued expenses 23,196,457 31,366,976
Warrant liabilities 70,331,191 90,706,206
Deferred revenues 93,669 170,967
Total current liabilities 93,621,317 122,244,149
Convertible senior notes – net of unamortized debt issuance costs of $273,683 at March 31, 2018 and $1,915,781 at June 30, 2017 19,726,317 98,084,219
Non-recourse debt 182,216,000  
Accrued interest expense on non-recourse debt 10,626,390  
Other long-term liabilities 1,878,100 1,708,272
Total Liabilities 308,068,124 222,036,640
Commitments and Contingencies (Note 13)
Stockholders’ Equity (Deficit):    
Common stock, $.01 par value; authorized 250,000,000 shares; issued 167,255,886 shares and outstanding 167,221,161 shares at March 31, 2018; issued 110,344,643 shares and outstanding 110,309,918 shares at June 30, 2017 1,672,558 1,103,446
Capital contributed in excess of par 750,391,976 462,666,366
Treasury stock, at cost: 34,725 shares at March 31, 2018 and at June 30, 2017 (458,370) (458,370)
Accumulated deficit (678,519,376) (521,710,899)
Accumulated other comprehensive loss (457,183) (302,710)
Total Immunomedics, Inc. stockholders' equity (deficit) 72,629,605 (58,692,167)
Noncontrolling interest in subsidiary (810,169) (771,081)
Total stockholders’ equity (deficit) 71,819,436 (59,463,248)
Total Liabilities and Stockholders' Equity (Deficit) 379,887,560 162,573,392
Convertible preferred stock    
Stockholders’ Equity (Deficit):    
Convertible preferred stock, $.01 par value; authorized 10,000,000 shares; no shares issued and outstanding at March 31, 2018 and 1,000,000 shares issued and outstanding at June 30, 2017 $ 10,000