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
- ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

DEBT (Details)

v3.23.1

DEBT (Details) - USD ($) $ in Thousands	3 Months Ended
DEBT (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Mar. 31, 2022	Mar. 28, 2023	Dec. 31, 2022	May 31, 2022	May 31, 2020
Debt Instrument [Line Items]
Unamortized issuance costs and debt discounts				$ 600
Interest expense	$ 1,204	$ 1,205
Credit Facility with MidCap
Debt Instrument [Line Items]
Maximum borrowing capacity	60,000
Remaining borrowing capacity	0
Outstanding balance	60,000
Unamortized issuance costs and debt discounts	500
Interest expense	1,200	$ 500
Accrued interest	$ 900
Credit Facility with MidCap \| Following Third Amendment
Debt Instrument [Line Items]
Final payment fee, percentage of principal	2.50%
Credit Facility with MidCap \| LIBOR \| Prior to Third Amendment
Debt Instrument [Line Items]
Basis spread on variable rate	5.65%
Floor rate	1.50%
Credit Facility with MidCap \| SOFR \| Following Third Amendment
Debt Instrument [Line Items]
Rate adjustment	0.11448%
Basis spread on variable rate	5.65%
Floor rate	1.50%
Credit Facility with MidCap \| Tranche 1
Debt Instrument [Line Items]
Outstanding balance	$ 10,000
Credit Facility with MidCap \| Tranche 2
Debt Instrument [Line Items]
Outstanding balance						$ 10,000
Credit Facility with MidCap \| Tranche 3
Debt Instrument [Line Items]
Outstanding balance					$ 10,000
Credit Facility with MidCap \| Tranche 4
Debt Instrument [Line Items]
Outstanding balance					$ 10,000
Credit Facility with MidCap \| Tranche 5
Debt Instrument [Line Items]
Outstanding balance			$ 20,000

- Definition

Percentage points added to the reference rate to compute the variable rate on the debt instrument.

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