XML 45 R27.htm IDEA: XBRL DOCUMENT
v3.24.1

Note 7 - Discontinued Operations - Sale of OMIDRIA (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Notes Tables |
Schedule Of Disposal Groups Including Discontinued Operations, Gains and Losses from Sale [Table Text Block] |
Cash proceeds |  | $ | 125,993 |
OMIDRIA contract royalty asset |  |  | 184,570 |
Gain on sale of OMIDRIA, gross |  |  | 310,563 |
Transaction and closing costs |  |  | (1,972 | )
RSUs granted to transferred employees |  |  | (1,419 | )
Prepaid assets and inventory at cost |  |  | (1,524 | )
Gain on sale of OMIDRIA |  | $ | 305,648 |
Disposal Groups, Including Discontinued Operations [Table Text Block] |
|  | Year Ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
|  | (In thousands) |
Product sales, net |  | $ | — |  |  | $ | — |  |  | $ | 110,735 |
Costs and expenses |  |  | — |  |  |  | — |  |  |  | 30,631 |
Gross margin |  |  | — |  |  |  | — |  |  |  | 80,104 |
Gain on sale of OMIDRIA |  |  | — |  |  |  | — |  |  |  | 305,648 |
Milestone income |  |  | — |  |  |  | 200,000 |  |  |  | — |
Interest on OMIDRIA contract royalty asset |  |  | 15,315 |  |  |  | 18,634 |  |  |  | — |
Remeasurement adjustments |  |  | 41,167 |  |  |  | 14,457 |  |  |  | — |
Other income |  |  | 1,087 |  |  |  | 307 |  |  |  | 1,035 |
Income before income tax |  |  | 57,569 |  |  |  | 233,398 |  |  |  | 386,787 |
Income tax expense (1) |  |  | (462 | ) |  |  | (3,952 | ) |  |  | (1,006 | )
Net income from discontinued operations, net of tax |  | $ | 57,107 |  |  | $ | 229,446 |  |  | $ | 385,781 |
Disposal Groups, Including Discontinued Operations, Contract Royalty Asset [Table Text Block] |
Balance at December 31, 2021 |  | $ | 184,570 |
Royalties earned |  |  | (65,439 | )
Interest on OMIDRIA contract royalty asset |  |  | 18,634 |
Remeasurement adjustments |  |  | 14,457 |
Balance at December 31, 2022 |  |  | 152,222 |
Royalties earned |  |  | (40,595 | )
Interest on OMIDRIA contract royalty asset |  |  | 15,315 |
Remeasurement adjustments |  |  | 41,167 |
Balance at December 31, 2023 |  | $ | 168,109 |
Schedule Of Disposal Groups Including Discontinued Operations Cash Flows [Table Text Block] |
|  | Year Ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
|  | (In thousands) |
Net cash provided by discontinued operations from operating activities |  | $ | 241,317 |  |  | $ | 78,082 |  |  | $ | 55,380 |
Net cash provided by discontinued operations from investing activities |  | $ | — |  |  | $ | — |  |  | $ | 125,993 |

X
- Definition The tabular disclosure of information related to a disposal group of contract royalty asset. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References No definition available. + Details
Name: | omer_DisposalGroupsIncludingDiscontinuedOperationsContractRoyaltyAssetTableTextBlock
Namespace Prefix: | omer_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information relating to discontinued operations cash flows. + References No definition available. + Details
Name: | omer_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsCashFlowsTableTextBlock
Namespace Prefix: | omer_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of gains and losses from sale of a disposal group. + References No definition available. + Details
Name: | omer_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsGainsAndLossesFromSaleTableTextBlock
Namespace Prefix: | omer_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 3 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483475/205-20-45-11 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3A -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-3A Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-4A Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-4B Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5A -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-5A Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5B -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-5B Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5C -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-5C Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5D -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-5D Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-7 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-3A Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 20 -Topic 205 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-1 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-3 + Details
Name: | us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration