2024 Q3 Form 10-Q Financial Statement

#000143774924025181 Filed on August 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2023 Q2
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $11.32M $13.81M $11.26M
YoY Change -31.05% 22.63% -19.12%
% of Gross Profit
Research & Development $24.08M $45.35M $29.64M
YoY Change -24.1% 53.0% 26.04%
% of Gross Profit
Depreciation & Amortization $200.0K $200.0K $332.0K
YoY Change 1.52% -39.76% 73.82%
% of Gross Profit
Operating Expenses $35.41M $59.16M $29.64M
YoY Change -26.47% 99.59% -20.83%
Operating Profit -$35.41M -$59.16M -$40.90M
YoY Change -26.47% 44.64% 9.24%
Interest Expense $4.052M $9.215M $7.932M
YoY Change -48.81% 16.17% -260.99%
% of Operating Profit
Other Income/Expense, Net $2.346M $3.247M $4.537M
YoY Change -46.84% -28.43% 577.16%
Pretax Income -$37.11M -$65.13M -$44.29M
YoY Change -28.15% 47.03% 6.23%
Income Tax
% Of Pretax Income
Net Earnings -$32.23M -$56.04M -$37.30M
YoY Change -14.73% 50.24% 20.91%
Net Earnings / Revenue
Basic Earnings Per Share -$0.56 -$0.97 -$0.59
Diluted Earnings Per Share -$0.55 -$0.96 -$0.59
COMMON SHARES
Basic Shares Outstanding 57.95M 57.94M 62.83M
Diluted Shares Outstanding 62.84M

Balance Sheet

Concept 2024 Q3 2024 Q2 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $123.2M $158.9M $341.2M
YoY Change -60.31% -53.43% 178.38%
Cash & Equivalents $1.521M $2.120M $6.600M
Short-Term Investments $121.6M $156.8M $334.6M
Other Short-Term Assets $6.127M $6.273M $7.001M
YoY Change 24.48% -10.4% -41.1%
Inventory
Prepaid Expenses
Receivables $35.34M $36.47M $40.15M
Other Receivables $299.0K $1.274M $124.0K
Total Short-Term Assets $164.9M $202.9M $388.6M
YoY Change -53.06% -47.77% 101.62%
LONG-TERM ASSETS
Property, Plant & Equipment $1.939M $2.034M $22.01M
YoY Change 12.93% -90.76% -12.15%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.054M $1.054M $1.054M
YoY Change 0.0% 0.0% 0.0%
Total Long-Term Assets $148.4M $153.4M $138.9M
YoY Change 4.71% 10.46% -9.19%
TOTAL ASSETS
Total Short-Term Assets $164.9M $202.9M $388.6M
Total Long-Term Assets $148.4M $153.4M $138.9M
Total Assets $313.3M $356.3M $527.4M
YoY Change -36.45% -32.44% 52.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.723M $6.502M $9.552M
YoY Change 31.66% -31.93% -12.17%
Accrued Expenses $23.25M $27.97M $29.79M
YoY Change -33.31% -6.13% 7.85%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $18.88M $19.43M $99.51M
YoY Change -81.41% -80.47%
Total Short-Term Liabilities $55.62M $59.48M $143.5M
YoY Change -62.21% -58.56% 272.82%
LONG-TERM LIABILITIES
Long-Term Debt $394.5M $403.7M $342.5M
YoY Change 15.84% 17.89% 8.94%
Other Long-Term Liabilities $17.34M $17.72M $20.92M
YoY Change -9.94% -15.29% -17.91%
Total Long-Term Liabilities $411.9M $421.4M $363.4M
YoY Change 14.46% 15.98% 6.93%
TOTAL LIABILITIES
Total Short-Term Liabilities $55.62M $59.48M $143.5M
Total Long-Term Liabilities $411.9M $421.4M $363.4M
Total Liabilities $467.5M $480.9M $506.9M
YoY Change -7.79% -5.13% 33.98%
SHAREHOLDERS EQUITY
Retained Earnings -$879.0M -$846.8M -$706.7M
YoY Change 18.07% 19.82%
Common Stock $724.8M $722.2M $727.2M
YoY Change -0.78% -0.7%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$154.2M -$124.6M $20.51M
YoY Change
Total Liabilities & Shareholders Equity $313.3M $356.3M $527.4M
YoY Change -36.45% -32.44% 52.59%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2023 Q2
OPERATING ACTIVITIES
Net Income -$32.23M -$56.04M -$37.30M
YoY Change -14.73% 50.24% 20.91%
Depreciation, Depletion And Amortization $200.0K $200.0K $332.0K
YoY Change 1.52% -39.76% 73.82%
Cash From Operating Activities -$32.06M -$45.99M -$32.34M
YoY Change -1.8% 42.19% 66.12%
INVESTING ACTIVITIES
Capital Expenditures $1.000K $80.00K $275.0K
YoY Change -96.97% -70.91% -366.99%
Acquisitions
YoY Change
Other Investing Activities $36.04M $73.23M $35.65M
YoY Change -36.99% 105.41% 43.5%
Cash From Investing Activities $36.04M $73.15M $35.38M
YoY Change -36.96% 106.78% 42.98%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.579M -26.88M -260.0K
YoY Change 848.03% 10236.92% 162.63%
NET CHANGE
Cash From Operating Activities -32.06M -45.99M -32.34M
Cash From Investing Activities 36.04M 73.15M 35.38M
Cash From Financing Activities -4.579M -26.88M -260.0K
Net Change In Cash -599.0K 289.0K 2.774M
YoY Change -102.49% -89.58% -46.38%
FREE CASH FLOW
Cash From Operating Activities -$32.06M -$45.99M -$32.34M
Capital Expenditures $1.000K $80.00K $275.0K
Free Cash Flow -$32.06M -$46.07M -$32.62M
YoY Change -1.9% 41.23% 68.42%

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ProceedsFromSaleAndMaturityOfMarketableSecurities
637414000 usd
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
517057000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
138000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
275000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
11225000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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omer Proceeds From Sale Of Future Royalties
ProceedsFromSaleOfFutureRoyalties
115525000 usd
omer Proceeds From Sale Of Future Royalties
ProceedsFromSaleOfFutureRoyalties
0 usd
omer Proceeds From Stock Options And Warrants Exercised
ProceedsFromStockOptionsAndWarrantsExercised
35000 usd
omer Proceeds From Stock Options And Warrants Exercised
ProceedsFromStockOptionsAndWarrantsExercised
97000 usd
us-gaap Payments Of Debt Restructuring Costs
PaymentsOfDebtRestructuringCosts
21179000 usd
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PaymentsOfDebtRestructuringCosts
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us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
11851000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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omer Principal Payments On Royalty Obligations
PrincipalPaymentsOnRoyaltyObligations
10700000 usd
omer Principal Payments On Royalty Obligations
PrincipalPaymentsOnRoyaltyObligations
467000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
275000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
278000 usd
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NetCashProvidedByUsedInFinancingActivities
71555000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4985000 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
7105000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
11009000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2120000 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
6603000 usd
us-gaap Interest Paid Net
InterestPaidNet
14945000 usd
us-gaap Interest Paid Net
InterestPaidNet
15865000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-144000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3776000 usd
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
369000 usd
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
500000 usd
CY2024Q2 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
158900000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2021Q1 omer Equity Offering Facility Maximum Aggregate Offering Amount
EquityOfferingFacilityMaximumAggregateOfferingAmount
150000000 usd
CY2022Q4 omer Percentage Of Royalty Receivable On Sale Of Product Rights
PercentageOfRoyaltyReceivableOnSaleOfProductRights
0.30 pure
CY2023Q1 omer Percentage Of Interest Earned On Outstanding Contract Royalty Asset
PercentageOfInterestEarnedOnOutstandingContractRoyaltyAsset
0.11 pure
CY2024Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9799386
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
17302417
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10787625
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
17245683
CY2024Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
2500000 usd
CY2023Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
4200000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
5300000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
7600000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Amortized Cost Current
DebtSecuritiesAvailableForSaleAmortizedCostCurrent
156792000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
-5000 usd
CY2024Q2 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
156787000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale And Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
157846000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
-5000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale And Held To Maturity Fair Value
DebtSecuritiesAvailableForSaleAndHeldToMaturityFairValue
157841000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Amortized Cost Current
DebtSecuritiesAvailableForSaleAmortizedCostCurrent
164743000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
19000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
164762000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale And Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
165797000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
19000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale And Held To Maturity Fair Value
DebtSecuritiesAvailableForSaleAndHeldToMaturityFairValue
165816000 usd
CY2024Q2 omer Royalty Receivable Current
RoyaltyReceivableCurrent
29665000 usd
CY2023Q4 omer Royalty Receivable Current
RoyaltyReceivableCurrent
29373000 usd
CY2024Q2 omer Royalty Receivable Noncurrent
RoyaltyReceivableNoncurrent
133428000 usd
CY2023Q4 omer Royalty Receivable Noncurrent
RoyaltyReceivableNoncurrent
138736000 usd
CY2024Q2 omer Contract Royalty Asset
ContractRoyaltyAsset
163093000 usd
CY2023Q4 omer Contract Royalty Asset
ContractRoyaltyAsset
168109000 usd
CY2024Q2 omer Royalty Receivable
RoyaltyReceivable
6806000 usd
CY2023Q4 omer Royalty Receivable
RoyaltyReceivable
6724000 usd
CY2024Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
1274000 usd
CY2023Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
1372000 usd
CY2024Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
8080000 usd
CY2023Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
8096000 usd
CY2024Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
12569000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
12191000 usd
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
10535000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
10241000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2034000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1950000 usd
CY2024Q2 us-gaap Depreciation
Depreciation
200000 usd
CY2023Q2 us-gaap Depreciation
Depreciation
300000 usd
us-gaap Depreciation
Depreciation
400000 usd
us-gaap Depreciation
Depreciation
500000 usd
CY2024Q2 omer Accrued Clinical Trial Costs
AccruedClinicalTrialCosts
8091000 usd
CY2023Q4 omer Accrued Clinical Trial Costs
AccruedClinicalTrialCosts
10168000 usd
CY2024Q2 omer Accrued Contract Research Costs
AccruedContractResearchCosts
7104000 usd
CY2023Q4 omer Accrued Contract Research Costs
AccruedContractResearchCosts
6223000 usd
CY2024Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
5556000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
7380000 usd
CY2024Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
3035000 usd
CY2023Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
3539000 usd
CY2024Q2 us-gaap Interest Payable Current
InterestPayableCurrent
2641000 usd
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
4242000 usd
CY2024Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1538000 usd
CY2023Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
316000 usd
CY2024Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
27966000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
31868000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
20000000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
97862000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
47077000 usd
CY2024Q2 omer Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
0 usd
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
164939000 usd
CY2024Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
26455000 usd
CY2024Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
191394000 usd
CY2024Q2 omer Royalty Obligation Principal Payments Due Next Twelve Months
RoyaltyObligationPrincipalPaymentsDueNextTwelveMonths
9292000 usd
CY2024Q2 omer Royalty Obligation Interest Payments Due Next Twelve Months
RoyaltyObligationInterestPaymentsDueNextTwelveMonths
11058000 usd
CY2024Q2 omer Royalty Obligation Payments Due Next Twelve Months
RoyaltyObligationPaymentsDueNextTwelveMonths
20350000 usd
CY2024Q2 omer Royalty Obligation Principal Payments Due Year Two
RoyaltyObligationPrincipalPaymentsDueYearTwo
20995000 usd
CY2024Q2 omer Royalty Obligation Interest Payments Due Year Two
RoyaltyObligationInterestPaymentsDueYearTwo
20667000 usd
CY2024Q2 omer Royalty Obligation Payments Due Year Two
RoyaltyObligationPaymentsDueYearTwo
41662000 usd
CY2024Q2 omer Royalty Obligation Principal Payments Due Year Three
RoyaltyObligationPrincipalPaymentsDueYearThree
23996000 usd
CY2024Q2 omer Royalty Obligation Interest Payments Due Year Three
RoyaltyObligationInterestPaymentsDueYearThree
18500000 usd
CY2024Q2 omer Royalty Obligation Payments Due Year Three
RoyaltyObligationPaymentsDueYearThree
42496000 usd
CY2024Q2 omer Royalty Obligation Principal Payments Due Year Four
RoyaltyObligationPrincipalPaymentsDueYearFour
27318000 usd
CY2024Q2 omer Royalty Obligation Interest Payments Due Year Four
RoyaltyObligationInterestPaymentsDueYearFour
16027000 usd
CY2024Q2 omer Royalty Obligation Payments Due Year Four
RoyaltyObligationPaymentsDueYearFour
43345000 usd
CY2024Q2 omer Royalty Obligation Principal Payments Due Year Five
RoyaltyObligationPrincipalPaymentsDueYearFive
30995000 usd
CY2024Q2 omer Royalty Obligation Interest Payments Due Year Five
RoyaltyObligationInterestPaymentsDueYearFive
13217000 usd
CY2024Q2 omer Royalty Obligation Payments Due Year Five
RoyaltyObligationPaymentsDueYearFive
44212000 usd
CY2024Q2 omer Royalty Obligation Principal Payments Due After Year Five
RoyaltyObligationPrincipalPaymentsDueAfterYearFive
119161000 usd
CY2024Q2 omer Royalty Obligation Interest Payments Due After Year Five
RoyaltyObligationInterestPaymentsDueAfterYearFive
18852000 usd
CY2024Q2 omer Royalty Obligation Payments Due After Year Five
RoyaltyObligationPaymentsDueAfterYearFive
138013000 usd
CY2024Q2 omer Royalty Obligation Principal Payments Due
RoyaltyObligationPrincipalPaymentsDue
231757000 usd
CY2024Q2 omer Royalty Obligation Interest Payments Due
RoyaltyObligationInterestPaymentsDue
98321000 usd
CY2024Q2 omer Royalty Obligation Payments Due
RoyaltyObligationPaymentsDue
330078000 usd
CY2024Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
1100000 usd
CY2024Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
1606000 usd
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
1616000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
3211000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
3249000 usd
CY2024Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
149000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
271000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
295000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
389000 usd
CY2024Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
40000 usd
CY2023Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
41000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
97000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
92000 usd
CY2024Q2 us-gaap Variable Lease Cost
VariableLeaseCost
882000 usd
CY2023Q2 us-gaap Variable Lease Cost
VariableLeaseCost
757000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
1798000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
1547000 usd
CY2024Q2 us-gaap Sublease Income
SubleaseIncome
385000 usd
CY2023Q2 us-gaap Sublease Income
SubleaseIncome
375000 usd
us-gaap Sublease Income
SubleaseIncome
774000 usd
us-gaap Sublease Income
SubleaseIncome
750000 usd
CY2024Q2 us-gaap Lease Cost
LeaseCost
2292000 usd
CY2023Q2 us-gaap Lease Cost
LeaseCost
2310000 usd
us-gaap Lease Cost
LeaseCost
4627000 usd
us-gaap Lease Cost
LeaseCost
4527000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
3630000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
3568000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
361000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
336000 usd
CY2024Q2 omer Longterm Purchase Commitment Termination Fee
LongtermPurchaseCommitmentTerminationFee
7900000 usd
CY2021Q1 omer Equity Offering Facility Maximum Aggregate Offering Amount
EquityOfferingFacilityMaximumAggregateOfferingAmount
150000000 usd
CY2023Q4 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000 usd
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
5000000
omer Stock Repurchased And Retired Average Price Per Share
StockRepurchasedAndRetiredAveragePricePerShare
3.3
CY2024Q1 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
3200000
CY2024Q1 omer Stock Repurchased And Retired Average Price Per Share
StockRepurchasedAndRetiredAveragePricePerShare
3.71
CY2024Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
11900000 usd
CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2768000 usd
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2771000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5426000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5724000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
15255154
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
9.5
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
3072900
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
3.1
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
10803
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
3.32
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
327751
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
6.83
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
17989500
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
8.46
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y2M12D
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
6863000 usd
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
17307104
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
8.64
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P6Y1M6D
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
6280000 usd
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
11556891
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
11.03
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y7M6D
CY2024Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
1282000 usd
CY2024Q2 us-gaap Share Price
SharePrice
4.06
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
6100000

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