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 ($)	3 Months Ended		9 Months Ended
Debt (Details) - USD ($)	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	May 31, 2020
Debt Instrument [Line Items]
Interest expense	$ 429,000	$ 8,000	$ 924,000	$ 8,000
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	164,000		164,000
Interest expense	429,000		1,000,000.0
Accrued interest			233,000
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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Contractual interest rate for funds borrowed, under the debt agreement.

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Percentage of principal amount of debt redeemed.

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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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- Definition

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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The remaining balance of debt issuance expenses that were capitalized and are being amortized against income over the lives of the respective bond issues. This does not include the amounts capitalized as part of the cost of the utility plant or asset.

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