Annual report pursuant to Section 13 and 15(d)

Finance Lease Obligation - Lease with Second Eastern Affiliate (Details)

v3.20.2
Finance Lease Obligation - Lease with Second Eastern Affiliate (Details) - USD ($)
 12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Financial Lease Obligation Description In addition to the base rent, iBio CDMO is required to pay, for each calendar year during the term, a portion of the total gross sales for products manufactured or processed at the facility, equal to 7% of the first $5,000,000 of gross sales, 6% of gross sales between $5,000,001 and $25,000,000, 5% of gross sales between $25,000,001 and $50,000,000, 4% of gross sales between $50,000,001 and $100,000,000, and 3% of gross sales between $100,000,001 and $500,000,000. However, if for any calendar year period from January 1, 2018 through December 31, 2019, iBio CDMO's applicable gross sales are less than $5,000,000, or for any calendar year period from and after January 1, 2020, its applicable gross sales are less than $10,000,000, then iBio CDMO is required to pay the amount that would have been payable if it had achieved such minimum gross sales and shall pay no less than the applicable percentage for the minimum gross sales for each subsequent calendar year. As the Company adopted ASC 842 effective July 1, 2019, the minimum percentage rent is included in the finance lease obligation. Percentage rent amounted to $0 and $350,000 in 2020 and 2019, respectively.  
Accrued expenses $ 6,000 $ 125,000
Subsidiaries [Member]    
Sub Lease Expiration Period 34 years  
Operating Leases, Rent Expense $ 150,000 129,000
Renewal term 10 years  
Annual base rent $ 2,100,000  
Accrued expenses 705,000 699,000
General and administrative expenses 701,000 1,051,000
Interest expense $ 2,466,000 $ 1,900,000