Rigel Pharmaceuticals, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- DOCUMENT AND ENTITY INFORMATION
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Debt (Details)

v3.20.2

Debt (Details) - USD ($)	3 Months Ended	6 Months Ended
Debt (Details) - USD ($)	Jun. 30, 2020	Jun. 30, 2020	May 31, 2020
Debt Instrument [Line Items]
Interest expense	$ 353,000	$ 495,000
Credit Agreement
Debt Instrument [Line Items]
Maximum borrowing capacity	60,000,000.0	60,000,000.0
Remaining borrowing capacity	40,000,000.0	40,000,000.0	$ 10,000,000.0
Debt issuance costs being amortized ratably	236,000	236,000
Unamortized issuance costs and debt discounts	184,000	184,000
Interest expense	353,000	593,000
Accrued interest		194,000
Outstanding balance	19,800,000	19,800,000
Covenant, cash	$ 10,000,000.0	$ 10,000,000.0
Final payment fee, percentage of principal		2.50%
Credit Agreement \| LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate		5.65%
Floor rate	1.50%	1.50%
Credit Agreement \| as of September 27, 2019
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 10,000,000.0	$ 10,000,000.0
Credit Agreement \| until December 31, 2020
Debt Instrument [Line Items]
Maximum borrowing capacity	10,000,000.0	10,000,000.0
Credit Agreement \| until March 31, 2021
Debt Instrument [Line Items]
Maximum borrowing capacity	20,000,000.0	20,000,000.0
Credit Agreement \| until March 31, 2022
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 20,000,000.0	$ 20,000,000.0
Credit Agreement \| Initial interest-only payment period
Debt Instrument [Line Items]
Interest-only payments period		24 months
Credit Agreement \| First conditional interest-only payment period
Debt Instrument [Line Items]
Interest-only payments period		36 months
Credit Agreement \| Second conditional interest-only payment period
Debt Instrument [Line Items]
Interest-only payments period		48 months

- Definition

Description of minimum amount of currency on hand as well as demand deposits with banks or financial institutions for borrowing under the credit facility.

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Amount of unamortized debt discount (premium) and debt issuance costs.

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Amount of the cost of borrowed funds accounted for as interest expense.

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Fair value of the amount outstanding under the credit facility.

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Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

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