2024 Q4 Form 10-Q Financial Statement
#000143774924034903 Filed on November 13, 2024
Income Statement
Concept | 2024 Q4 | 2024 Q3 | 2023 Q3 |
---|---|---|---|
Revenue | $0.00 | $0.00 | |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $11.32M | $16.42M | |
YoY Change | -31.05% | 34.63% | |
% of Gross Profit | |||
Research & Development | $24.08M | $31.73M | |
YoY Change | -24.1% | -17.73% | |
% of Gross Profit | |||
Depreciation & Amortization | $200.0K | $197.0K | |
YoY Change | 1.52% | -38.44% | |
% of Gross Profit | |||
Operating Expenses | $35.41M | $48.15M | |
YoY Change | -26.47% | 24.85% | |
Operating Profit | -$35.41M | -$48.15M | |
YoY Change | -26.47% | -5.15% | |
Interest Expense | $4.052M | $7.916M | |
YoY Change | -48.81% | 60.5% | |
% of Operating Profit | |||
Other Income/Expense, Net | $2.346M | $4.413M | |
YoY Change | -46.84% | 387.09% | |
Pretax Income | -$37.11M | -$51.66M | |
YoY Change | -28.15% | -5.72% | |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$32.23M | -$37.80M | |
YoY Change | -14.73% | 116.54% | |
Net Earnings / Revenue | |||
Basic Earnings Per Share | -$0.56 | -$0.60 | |
Diluted Earnings Per Share | -$0.55 | -$0.60 | |
COMMON SHARES | |||
Basic Shares Outstanding | 57.95M | 57.95M | 62.86M |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2024 Q4 | 2024 Q3 | 2023 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $123.2M | $310.3M | |
YoY Change | -60.31% | 40.44% | |
Cash & Equivalents | $1.521M | $30.64M | |
Short-Term Investments | $121.6M | $279.7M | |
Other Short-Term Assets | $6.127M | $4.922M | |
YoY Change | 24.48% | -17.73% | |
Inventory | |||
Prepaid Expenses | |||
Receivables | $35.34M | $35.89M | |
Other Receivables | $299.0K | $220.0K | |
Total Short-Term Assets | $164.9M | $351.3M | |
YoY Change | -53.06% | 21.76% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.939M | $1.717M | |
YoY Change | 12.93% | -92.94% | |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $1.054M | $1.054M | |
YoY Change | 0.0% | 0.0% | |
Total Long-Term Assets | $148.4M | $141.7M | |
YoY Change | 4.71% | -16.14% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $164.9M | $351.3M | |
Total Long-Term Assets | $148.4M | $141.7M | |
Total Assets | $313.3M | $493.1M | |
YoY Change | -36.45% | 7.76% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $7.723M | $5.866M | |
YoY Change | 31.66% | -65.67% | |
Accrued Expenses | $23.25M | $34.86M | |
YoY Change | -33.31% | 93.49% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | $18.88M | $101.6M | |
YoY Change | -81.41% | ||
Total Short-Term Liabilities | $55.62M | $147.2M | |
YoY Change | -62.21% | 272.47% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $394.5M | $340.6M | |
YoY Change | 15.84% | -22.56% | |
Other Long-Term Liabilities | $17.34M | $19.25M | |
YoY Change | -9.94% | -21.54% | |
Total Long-Term Liabilities | $411.9M | $359.8M | |
YoY Change | 14.46% | -22.51% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $55.62M | $147.2M | |
Total Long-Term Liabilities | $411.9M | $359.8M | |
Total Liabilities | $467.5M | $507.0M | |
YoY Change | -7.79% | 0.63% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$879.0M | -$744.5M | |
YoY Change | 18.07% | -2.61% | |
Common Stock | $724.8M | $730.5M | |
YoY Change | -0.78% | 1.72% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$154.2M | -$13.95M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $313.3M | $493.1M | |
YoY Change | -36.45% | 7.76% |
Cashflow Statement
Concept | 2024 Q4 | 2024 Q3 | 2023 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$32.23M | -$37.80M | |
YoY Change | -14.73% | 116.54% | |
Depreciation, Depletion And Amortization | $200.0K | $197.0K | |
YoY Change | 1.52% | -38.44% | |
Cash From Operating Activities | -$32.06M | -$32.65M | |
YoY Change | -1.8% | 23.48% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | $1.000K | $33.00K | |
YoY Change | -96.97% | 1000.0% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $36.04M | $57.20M | |
YoY Change | -36.99% | 73.35% | |
Cash From Investing Activities | $36.04M | $57.17M | |
YoY Change | -36.96% | 73.24% | |
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 | -483.0K | |
YoY Change | 848.03% | -100.39% | |
NET CHANGE | |||
Cash From Operating Activities | -32.06M | -32.65M | |
Cash From Investing Activities | 36.04M | 57.17M | |
Cash From Financing Activities | -4.579M | -483.0K | |
Net Change In Cash | -599.0K | 24.04M | |
YoY Change | -102.49% | -81.71% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$32.06M | -$32.65M | |
Capital Expenditures | $1.000K | $33.00K | |
Free Cash Flow | -$32.06M | -$32.68M | |
YoY Change | -1.9% | 23.59% |
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us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-2.16 | ||
CY2024Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.08 | |
CY2023Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.22 | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.36 | ||
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.43 | ||
CY2024Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.56 | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.6 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-2.15 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.73 | ||
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
57948093 | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
62856721 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
58232007 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
62840990 | ||
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-24983000 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
32000 | usd |
CY2024Q1 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
11851000 | usd |
CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
2658000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-37184000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-71328000 | usd |
CY2024Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
3000 | usd |
CY2024Q2 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
2768000 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-56041000 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-124598000 | usd |
CY2024Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
17000 | usd |
CY2024Q3 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
2641000 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-32232000 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-154172000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
85684000 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
2953000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-33701000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
54936000 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
97000 | usd |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
2771000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-37294000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
20510000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
53000 | usd |
CY2023Q3 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
3235000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-37750000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-13952000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-125457000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-108745000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8067000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8959000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
649000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
715000 | usd | |
us-gaap |
Assets Fair Value Adjustment
AssetsFairValueAdjustment
|
-12824000 | usd | |
us-gaap |
Assets Fair Value Adjustment
AssetsFairValueAdjustment
|
-11484000 | usd | |
omer |
Interest On Contract Royalty Asset
InterestOnContractRoyaltyAsset
|
7384000 | usd | |
omer |
Interest On Contract Royalty Asset
InterestOnContractRoyaltyAsset
|
14924000 | usd | |
us-gaap |
Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
|
4295000 | usd | |
us-gaap |
Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
|
7280000 | usd | |
omer |
Noncash Royalty Interest
NoncashRoyaltyInterest
|
-1553000 | usd | |
omer |
Noncash Royalty Interest
NoncashRoyaltyInterest
|
0 | usd | |
omer |
Increase Decrease In Contract Royalty Asset
IncreaseDecreaseInContractRoyaltyAsset
|
-29586000 | usd | |
omer |
Increase Decrease In Contract Royalty Asset
IncreaseDecreaseInContractRoyaltyAsset
|
-29900000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1790000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-876000 | usd | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-1702000 | usd | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-206343000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-11305000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
3741000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-119823000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
109551000 | usd | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
969221000 | usd | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
751114000 | usd | |
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
921819000 | usd | |
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
839595000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
139000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
308000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
47263000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-88789000 | usd | |
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
|
52000 | usd | |
omer |
Proceeds From Stock Options And Warrants Exercised
ProceedsFromStockOptionsAndWarrantsExercised
|
150000 | usd | |
us-gaap |
Payments Of Debt Restructuring Costs
PaymentsOfDebtRestructuringCosts
|
21179000 | usd | |
us-gaap |
Payments Of Debt Restructuring Costs
PaymentsOfDebtRestructuringCosts
|
-0 | usd | |
omer |
Principal Payments On Royalty Obligations
PrincipalPaymentsOnRoyaltyObligations
|
15125000 | usd | |
omer |
Principal Payments On Royalty Obligations
PrincipalPaymentsOnRoyaltyObligations
|
854000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
11851000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
-0 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
446000 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
427000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
66976000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1131000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-5584000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
19631000 | usd | |
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 |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1521000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
30640000 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
28122000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
23801000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-109000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
3776000 | usd | |
us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
509000 | usd | |
us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
632000 | usd | |
CY2024Q3 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
123200000 | usd |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-119800000 | usd | |
CY2021Q1 | omer |
Equity Offering Facility Maximum Aggregate Offering Amount
EquityOfferingFacilityMaximumAggregateOfferingAmount
|
150000000 | usd |
CY2021Q4 | omer |
Percentage Of Royalty Receivable On Sale Of Product Rights
PercentageOfRoyaltyReceivableOnSaleOfProductRights
|
0.30 | pure |
CY2021Q4 | omer |
Percentage Of Interest Earned On Outstanding Contract Royalty Asset
PercentageOfInterestEarnedOnOutstandingContractRoyaltyAsset
|
0.11 | pure |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: left; text-indent: 9pt;"><i>Financial Instruments and Concentrations of Credit Risk</i></p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:18pt;">Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash, cash equivalents and short-term investments. Cash and cash equivalents are deposited in checking and sweep accounts at financial institutions. At times, our cash and cash equivalents balance held at a financial institution may exceed the federally insured limits. To limit the credit risk, we invest our excess cash in high-quality securities such as money market mutual funds, certificates of deposit and U.S. treasury bills. The Company has not experienced any losses on its deposits of cash and cash equivalents. Management believes that the Company is not currently exposed to significant credit risk as the Company’s short-term investments are held in custody at third-party financial institutions. The Company’s investment policy limits investments to certain types of securities issued by the U.S. government, its agencies and institutions with investment-grade credit ratings and places restrictions on maturities and concentration by type and issuer. The Company is exposed to credit risk in the event of a default by the financial institutions holding its cash, cash equivalents and investments, and issuers of the investments to the extent recorded on the unaudited condensed consolidated balance sheets. As of September 30, 2024, the Company has no off-balance sheet concentrations of credit risk.</p> | ||
CY2024Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5469535 | |
CY2023Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
17218447 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
8991158 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
17221391 | ||
CY2024Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1800000 | usd |
CY2023Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
4000000 | usd |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
7100000 | usd | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
11700000 | usd | |
CY2024Q3 | us-gaap |
Debt Securities Available For Sale Amortized Cost Current
DebtSecuritiesAvailableForSaleAmortizedCostCurrent
|
121636000 | usd |
CY2024Q3 | us-gaap |
Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
|
4000 | usd |
CY2024Q3 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
121640000 | usd |
CY2024Q3 | us-gaap |
Debt Securities Available For Sale And Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
|
122690000 | usd |
CY2024Q3 | us-gaap |
Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
|
4000 | usd |
CY2024Q3 | us-gaap |
Debt Securities Available For Sale And Held To Maturity Fair Value
DebtSecuritiesAvailableForSaleAndHeldToMaturityFairValue
|
122694000 | 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 |
CY2024Q3 | omer |
Royalty Receivable Current
RoyaltyReceivableCurrent
|
29243000 | usd |
CY2023Q4 | omer |
Royalty Receivable Current
RoyaltyReceivableCurrent
|
29373000 | usd |
CY2024Q3 | omer |
Royalty Receivable Noncurrent
RoyaltyReceivableNoncurrent
|
129488000 | usd |
CY2023Q4 | omer |
Royalty Receivable Noncurrent
RoyaltyReceivableNoncurrent
|
138736000 | usd |
CY2024Q3 | omer |
Contract Royalty Asset
ContractRoyaltyAsset
|
158731000 | usd |
CY2023Q4 | omer |
Contract Royalty Asset
ContractRoyaltyAsset
|
168109000 | usd |
CY2024Q3 | omer |
Royalty Receivable
RoyaltyReceivable
|
6095000 | usd |
CY2023Q4 | omer |
Royalty Receivable
RoyaltyReceivable
|
6724000 | usd |
CY2024Q3 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
299000 | usd |
CY2023Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
1372000 | usd |
CY2024Q3 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
6394000 | usd |
CY2023Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
8096000 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
12710000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
12191000 | usd |
CY2024Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
10771000 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
10241000 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1939000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1950000 | usd |
CY2024Q3 | us-gaap |
Depreciation
Depreciation
|
200000 | usd |
CY2023Q3 | us-gaap |
Depreciation
Depreciation
|
200000 | usd |
us-gaap |
Depreciation
Depreciation
|
600000 | usd | |
us-gaap |
Depreciation
Depreciation
|
700000 | usd | |
CY2024Q3 | omer |
Accrued Clinical Trial Costs
AccruedClinicalTrialCosts
|
8404000 | usd |
CY2023Q4 | omer |
Accrued Clinical Trial Costs
AccruedClinicalTrialCosts
|
10168000 | usd |
CY2024Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
6930000 | usd |
CY2023Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
7380000 | usd |
CY2024Q3 | omer |
Accrued Contract Research Costs
AccruedContractResearchCosts
|
4453000 | usd |
CY2023Q4 | omer |
Accrued Contract Research Costs
AccruedContractResearchCosts
|
6223000 | usd |
CY2024Q3 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
1356000 | usd |
CY2023Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
4242000 | usd |
CY2024Q3 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
1296000 | usd |
CY2023Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
3539000 | usd |
CY2024Q3 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
807000 | usd |
CY2023Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
316000 | usd |
CY2024Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
23246000 | usd |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
31868000 | usd |
CY2024Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
20000000 | usd |
CY2024Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
97862000 | usd |
CY2024Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
0 | usd |
CY2024Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
47077000 | usd |
CY2024Q3 | omer |
Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
|
0 | usd |
CY2024Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
164939000 | usd |
CY2024Q3 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
24520000 | usd |
CY2024Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
189459000 | usd |
CY2024Q3 | omer |
Royalty Obligation Principal Payments Due Next Twelve Months
RoyaltyObligationPrincipalPaymentsDueNextTwelveMonths
|
3806000 | usd |
CY2024Q3 | omer |
Royalty Obligation Interest Payments Due Next Twelve Months
RoyaltyObligationInterestPaymentsDueNextTwelveMonths
|
5403000 | usd |
CY2024Q3 | omer |
Royalty Obligation Payments Due Next Twelve Months
RoyaltyObligationPaymentsDueNextTwelveMonths
|
9209000 | usd |
CY2024Q3 | omer |
Royalty Obligation Principal Payments Due Year Two
RoyaltyObligationPrincipalPaymentsDueYearTwo
|
20546000 | usd |
CY2024Q3 | omer |
Royalty Obligation Interest Payments Due Year Two
RoyaltyObligationInterestPaymentsDueYearTwo
|
20468000 | usd |
CY2024Q3 | omer |
Royalty Obligation Payments Due Year Two
RoyaltyObligationPaymentsDueYearTwo
|
41014000 | usd |
CY2024Q3 | omer |
Royalty Obligation Principal Payments Due Year Three
RoyaltyObligationPrincipalPaymentsDueYearThree
|
23778000 | usd |
CY2024Q3 | omer |
Royalty Obligation Interest Payments Due Year Three
RoyaltyObligationInterestPaymentsDueYearThree
|
18324000 | usd |
CY2024Q3 | omer |
Royalty Obligation Payments Due Year Three
RoyaltyObligationPaymentsDueYearThree
|
42102000 | usd |
CY2024Q3 | omer |
Royalty Obligation Principal Payments Due Year Four
RoyaltyObligationPrincipalPaymentsDueYearFour
|
27069000 | usd |
CY2024Q3 | omer |
Royalty Obligation Interest Payments Due Year Four
RoyaltyObligationInterestPaymentsDueYearFour
|
15875000 | usd |
CY2024Q3 | omer |
Royalty Obligation Payments Due Year Four
RoyaltyObligationPaymentsDueYearFour
|
42944000 | usd |
CY2024Q3 | omer |
Royalty Obligation Principal Payments Due Year Five
RoyaltyObligationPrincipalPaymentsDueYearFive
|
30711000 | usd |
CY2024Q3 | omer |
Royalty Obligation Interest Payments Due Year Five
RoyaltyObligationInterestPaymentsDueYearFive
|
13091000 | usd |
CY2024Q3 | omer |
Royalty Obligation Payments Due Year Five
RoyaltyObligationPaymentsDueYearFive
|
43802000 | usd |
CY2024Q3 | omer |
Royalty Obligation Principal Payments Due After Year Five
RoyaltyObligationPrincipalPaymentsDueAfterYearFive
|
118063000 | usd |
CY2024Q3 | omer |
Royalty Obligation Interest Payments Due After Year Five
RoyaltyObligationInterestPaymentsDueAfterYearFive
|
18672000 | usd |
CY2024Q3 | omer |
Royalty Obligation Payments Due After Year Five
RoyaltyObligationPaymentsDueAfterYearFive
|
136735000 | usd |
CY2024Q3 | omer |
Royalty Obligation Principal Payments Due
RoyaltyObligationPrincipalPaymentsDue
|
223973000 | usd |
CY2024Q3 | omer |
Royalty Obligation Interest Payments Due
RoyaltyObligationInterestPaymentsDue
|
91833000 | usd |
CY2024Q3 | omer |
Royalty Obligation Payments Due
RoyaltyObligationPaymentsDue
|
315806000 | usd |
CY2024Q3 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
1100000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1610000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1603000 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
4822000 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
4852000 | usd | |
CY2024Q3 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
173000 | usd |
CY2023Q3 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
140000 | usd |
us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
468000 | usd | |
us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
529000 | usd | |
CY2024Q3 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
26000 | usd |
CY2023Q3 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
29000 | usd |
us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
122000 | usd | |
us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
121000 | usd | |
CY2024Q3 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
824000 | usd |
CY2023Q3 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
807000 | usd |
us-gaap |
Variable Lease Cost
VariableLeaseCost
|
2622000 | usd | |
us-gaap |
Variable Lease Cost
VariableLeaseCost
|
2354000 | usd | |
CY2024Q3 | us-gaap |
Sublease Income
SubleaseIncome
|
364000 | usd |
CY2023Q3 | us-gaap |
Sublease Income
SubleaseIncome
|
375000 | usd |
us-gaap |
Sublease Income
SubleaseIncome
|
1138000 | usd | |
us-gaap |
Sublease Income
SubleaseIncome
|
1125000 | usd | |
CY2024Q3 | us-gaap |
Lease Cost
LeaseCost
|
2269000 | usd |
CY2023Q3 | us-gaap |
Lease Cost
LeaseCost
|
2204000 | usd |
us-gaap |
Lease Cost
LeaseCost
|
6896000 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
6731000 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
5272000 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
5356000 | usd | |
us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
534000 | usd | |
us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
499000 | usd | |
CY2024Q3 | omer |
Longterm Purchase Commitment Termination Fee
LongtermPurchaseCommitmentTerminationFee
|
5600000 | 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 |
CY2024Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2641000 | usd |
CY2023Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3235000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
8067000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
8959000 | 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
|
3280500 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
3.13 | ||
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
16404 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
3.19 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
386181 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
6.91 | ||
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
18133069 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
8.41 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y | ||
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
6168000 | usd |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
17503959 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
8.58 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P5Y10M24D | ||
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
5677000 | usd |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
12133698 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
10.75 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P4Y6M | ||
CY2024Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
1421000 | usd |
CY2024Q3 | us-gaap |
Share Price
SharePrice
|
3.97 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
5900000 |