2012 Q2 Form 10-Q Financial Statement

#000119312512225496 Filed on May 10, 2012

View on sec.gov

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2012Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	22451837	shares
CY2011Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3921000
CY2012Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	102000
CY2012Q1	us-gaap	Liabilities Current LiabilitiesCurrent	18742000
CY2012Q1	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	4995000
CY2012Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-185028000
CY2012Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	5303000
CY2012Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	438000
CY2012Q1	us-gaap	Assets Assets	21089000
CY2012Q1	us-gaap	Available For Sale Securities Equity Securities Current AvailableForSaleSecuritiesEquitySecuritiesCurrent	815000
CY2012Q1	us-gaap	Common Stock Value CommonStockValue	225000
CY2012Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2012Q1	us-gaap	Deferred Rent Credit Noncurrent DeferredRentCreditNoncurrent	3061000
CY2012Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	22451837	shares
CY2012Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	20000000	shares
CY2012Q1	us-gaap	Assets Current AssetsCurrent	19698000
CY2012Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding		shares
CY2012Q1	us-gaap	Receivables Net Current ReceivablesNetCurrent	1643000
CY2012Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	16802000
CY2012Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2012Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	172120000
CY2012Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	21089000
CY2012Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued		shares
CY2012Q1	us-gaap	Preferred Stock Value PreferredStockValue
CY2012Q1	us-gaap	Stockholders Equity StockholdersEquity	-12683000
CY2012Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	22451837	shares
CY2012Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2012Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	726000
CY2012Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	150000000	shares
CY2012Q1	us-gaap	Notes Payable Current NotesPayableCurrent	6050000
CY2012Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	2394000
CY2012Q1	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	563000
CY2012Q1	us-gaap	Long Term Notes Payable LongTermNotesPayable	11969000
CY2010Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3278000
CY2011Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	102000
CY2011Q4	us-gaap	Liabilities Current LiabilitiesCurrent	18985000
CY2011Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	5748000
CY2011Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-176133000
CY2011Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	5340000
CY2011Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	502000
CY2011Q4	us-gaap	Assets Assets	26982000
CY2011Q4	us-gaap	Available For Sale Securities Equity Securities Current AvailableForSaleSecuritiesEquitySecuritiesCurrent	20565000
CY2011Q4	us-gaap	Common Stock Value CommonStockValue	224000
CY2011Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2011Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	22430234	shares
CY2011Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	20000000	shares
CY2011Q4	us-gaap	Assets Current AssetsCurrent	25948000
CY2011Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding		shares
CY2011Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	876000
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4005000
CY2011Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2011Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	170355000
CY2011Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	26982000
CY2011Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued		shares
CY2011Q4	us-gaap	Preferred Stock Value PreferredStockValue
CY2011Q4	us-gaap	Stockholders Equity StockholdersEquity	-5554000
CY2011Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	22430234	shares
CY2011Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2011Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	739000
CY2011Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	150000000	shares
CY2011Q4	us-gaap	Notes Payable Current NotesPayableCurrent	5895000
CY2011Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	2002000
CY2011Q4	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	193000
CY2011Q4	us-gaap	Long Term Notes Payable LongTermNotesPayable	13551000
CY2011Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	286000
CY2011Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1682000
CY2011Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	184000
CY2011Q1	us-gaap	Revenues Revenues	1239000
CY2011Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-7875000
CY2011Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-6542000
CY2011Q1	us-gaap	Share Based Compensation ShareBasedCompensation	458000
CY2011Q1	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	9000000
CY2011Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-1436000
CY2011Q1	us-gaap	Interest Expense InterestExpense	293000
CY2011Q1	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	9942000
CY2011Q1	us-gaap	Net Income Loss NetIncomeLoss	-6542000
CY2011Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	-184000
CY2011Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	5425000
CY2011Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	8000000
CY2011Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	682000
CY2011Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	168000
CY2011Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-6450000
CY2011Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	643000
CY2011Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	41000
CY2011Q1	us-gaap	Interest Paid InterestPaid	221000
CY2011Q1	us-gaap	Operating Expenses OperatingExpenses	7689000
CY2011Q1	us-gaap	Investment Income Net InvestmentIncomeNet	17000
CY2011Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-722000
CY2011Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2264000
CY2011Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	10200000
CY2011Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	28000
CY2011Q1	us-gaap	Paid In Kind Interest PaidInKindInterest	56000
CY2011Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.30
CY2011Q1	omer	Weighted Average Number Basic Diluted Shares Outstanding WeightedAverageNumberBasicDilutedSharesOutstanding	22056590	shares
CY2012Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2012Q1	dei	Trading Symbol TradingSymbol	OMER
CY2012Q1	dei	Entity Registrant Name EntityRegistrantName	OMEROS CORP
CY2012Q1	dei	Amendment Flag AmendmentFlag	false
CY2012Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2012Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2012
CY2012Q1	dei	Document Type DocumentType	10-Q
CY2012Q1	dei	Document Period End Date DocumentPeriodEndDate	2012-03-31
CY2012Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001285819
CY2012Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2012Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	124000
CY2012Q1	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	3061000
CY2012Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	19678000
CY2012Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-341000
CY2012Q1	us-gaap	Revenues Revenues	1496000
CY2012Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-5505000
CY2012Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-8895000
CY2012Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1131000
CY2012Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	345000
CY2012Q1	us-gaap	Interest Expense InterestExpense	494000
CY2012Q1	us-gaap	Adjustment Of Warrants Granted For Services AdjustmentOfWarrantsGrantedForServices	511000
CY2012Q1	us-gaap	Net Income Loss NetIncomeLoss	-8895000
CY2012Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	775000
CY2012Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	7246000
CY2012Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	19750000
CY2012Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	72000
CY2012Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	93000
CY2012Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-8072000
CY2012Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	12797000
CY2012Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	326000
CY2012Q1	us-gaap	Interest Paid InterestPaid	402000
CY2012Q1	us-gaap	Operating Expenses OperatingExpenses	9568000
CY2012Q1	us-gaap	Investment Income Net InvestmentIncomeNet	12000
CY2012Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-753000
CY2012Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2322000
CY2012Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1376000
CY2012Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	1500000
CY2012Q1	us-gaap	Paid In Kind Interest PaidInKindInterest	103000
CY2012Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.40
CY2012Q1	omer	Weighted Average Number Basic Diluted Shares Outstanding WeightedAverageNumberBasicDilutedSharesOutstanding	22434903	shares

Files In Submission

Name	View Source	Status
0001193125-12-225496-index-headers.html	Edgar Link	pending
0001193125-12-225496-index.html	Edgar Link	pending
0001193125-12-225496.txt	Edgar Link	pending
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d324189d10q.htm	Edgar Link	pending
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d324189dex321.htm	Edgar Link	pending
d324189dex322.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
omer-20120331.xml	Edgar Link	completed
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omer-20120331_def.xml	Edgar Link	unprocessable
omer-20120331_lab.xml	Edgar Link	unprocessable
omer-20120331_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
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report.css	Edgar Link	pending
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