Long-Term Debt and Other Financings (Details)
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3 Months Ended |
12 Months Ended |
0 Months Ended |
3 Months Ended |
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3 Months Ended |
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1 Months Ended |
3 Months Ended |
12 Months Ended |
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3 Months Ended |
0 Months Ended |
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0 Months Ended |
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0 Months Ended |
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3 Months Ended |
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3 Months Ended |
Mar. 31, 2015
USD ($)
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Mar. 31, 2014
USD ($)
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Dec. 31, 2014
USD ($)
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Sep. 27, 2012
General Electric Capital Corporation Term Loan [Member]
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Mar. 31, 2015
General Electric Capital Corporation Term Loan [Member]
USD ($)
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Mar. 31, 2014
General Electric Capital Corporation Term Loan [Member]
USD ($)
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Sep. 27, 2012
General Electric Capital Corporation Term Loan [Member]
USD ($)
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Dec. 31, 2011
General Electric Capital Corporation Term Loan [Member]
USD ($)
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Mar. 31, 2015
Hercules Loan [Member]
USD ($)
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Mar. 31, 2014
Hercules Loan [Member]
USD ($)
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Feb. 27, 2015
Hercules Loan [Member]
USD ($)
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Jan. 31, 2015
Servier Loan [Member]
USD ($)
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Mar. 31, 2015
Servier Loan [Member]
USD ($)
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Mar. 31, 2014
Servier Loan [Member]
USD ($)
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Dec. 31, 2011
Servier Loan [Member]
USD ($)
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Jan. 09, 2015
Servier Loan [Member]
Tranche
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Dec. 31, 2014
Servier Loan [Member]
USD ($)
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Dec. 31, 2011
Servier Loan [Member]
EUR (€)
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Mar. 31, 2015
Servier Loan [Member]
Minimum [Member]
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Mar. 31, 2015
Servier Loan [Member]
Maximum [Member]
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Jan. 09, 2015
Servier Loan [Member]
Tranche One [Member]
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Jan. 09, 2015
Servier Loan [Member]
Tranche One [Member]
EUR (€)
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Jan. 09, 2015
Servier Loan [Member]
Tranche Two [Member]
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Jan. 09, 2015
Servier Loan [Member]
Tranche Two [Member]
EUR (€)
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Jan. 09, 2015
Servier Loan [Member]
Tranche Three [Member]
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Jan. 09, 2015
Servier Loan [Member]
Tranche Three [Member]
EUR (€)
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Mar. 31, 2015
Novartis Note [Member]
USD ($)
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Mar. 31, 2014
Novartis Note [Member]
USD ($)
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Dec. 31, 2014
Novartis Note [Member]
USD ($)
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Mar. 31, 2015
Other [Member]
USD ($)
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Mar. 31, 2014
Other [Member]
USD ($)
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Debt Instrument [Line Items] |
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Maturity date |
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Sep. 01, 2018
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Jan. 15, 2016
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Jan. 15, 2017
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Jan. 15, 2018
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Jun. 30, 2015
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Date of agreement |
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Dec. 30, 2010
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Date of agreement, after amendment |
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Aug. 12, 2013
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Research and development expenses funded through loan facility, maximum (in hundredths) |
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75.00%xoma_CollaborativeArrangementResearchAndDevelopmentExpenseFundedThroughDebtInstrumentPercentageMaximum / us-gaap_LongtermDebtTypeAxis = xoma_NovartisNoteMember
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Maximum borrowing capacity under loan agreement |
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€ 15,000,000xoma_DebtInstrumentMaximumBorrowingCapacity / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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$ 50,000,000xoma_DebtInstrumentMaximumBorrowingCapacity / us-gaap_LongtermDebtTypeAxis = xoma_NovartisNoteMember
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Variable rate basis |
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The interest rate will be calculated at a rate equal to the greater of either (i) 9.40% plus the prime rate as reported from time to time in The Wall Street Journal minus 7.25%, and (ii) 9.40%.
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Euro Inter-Bank Offered Rate ("EURIBOR")
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six-month LIBOR
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Basis spread on variable rate (in hundredths) |
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2.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1 / us-gaap_LongtermDebtTypeAxis = xoma_NovartisNoteMember
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Period of interest resetting |
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6 months
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Interest rate at period end (in hundredths) |
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2.35%us-gaap_DebtInstrumentInterestRateEffectivePercentage / us-gaap_LongtermDebtTypeAxis = xoma_NovartisNoteMember
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Outstanding principal balance |
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10,000,000us-gaap_DebtInstrumentCarryingAmount / us-gaap_LongtermDebtTypeAxis = us-gaap_MediumTermNotesMember
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20,000,000us-gaap_DebtInstrumentCarryingAmount / us-gaap_LongtermDebtTypeAxis = xoma_HerculesLoanMember
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16,300,000us-gaap_DebtInstrumentCarryingAmount / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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18,200,000us-gaap_DebtInstrumentCarryingAmount / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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13,400,000us-gaap_DebtInstrumentCarryingAmount / us-gaap_LongtermDebtTypeAxis = xoma_NovartisNoteMember
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13,400,000us-gaap_DebtInstrumentCarryingAmount / us-gaap_LongtermDebtTypeAxis = xoma_NovartisNoteMember
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Proceeds from loan |
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19,500,000us-gaap_ProceedsFromIssuanceOfDebt / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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Initial interest rate during period (in hundredths) |
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3.22%xoma_DebtInstrumentInitialInterestRateDuringPeriod / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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Interest rate reset semi-annually during period (in hundredths) |
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2.16%xoma_DebtInstrumentInitialInterestRateResetSemiAnnuallyDuringPeriod / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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2.31%xoma_DebtInstrumentInitialInterestRateResetSemiAnnuallyDuringPeriod / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember / us-gaap_RangeAxis = us-gaap_MinimumMember
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3.83%xoma_DebtInstrumentInitialInterestRateResetSemiAnnuallyDuringPeriod / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember / us-gaap_RangeAxis = us-gaap_MaximumMember
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Number of tranches |
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3xoma_NumberOfTranches / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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Principal payment amount |
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3,000,000us-gaap_DebtInstrumentAnnualPrincipalPayment / us-gaap_DebtInstrumentAxis = xoma_TrancheOneMember / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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5,000,000us-gaap_DebtInstrumentAnnualPrincipalPayment / us-gaap_DebtInstrumentAxis = xoma_TrancheTwoMember / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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7,000,000us-gaap_DebtInstrumentAnnualPrincipalPayment / us-gaap_DebtInstrumentAxis = xoma_TrancheThreeMember / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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Accrued interest |
(90,000)us-gaap_DebtInstrumentIncreaseAccruedInterest
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1,764,000us-gaap_DebtInstrumentIncreaseAccruedInterest
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200,000us-gaap_DebtInstrumentIncreaseAccruedInterest / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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Euro to US Dollar exchange rates |
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1.085us-gaap_ForeignCurrencyExchangeRateTranslation1 / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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1.216us-gaap_ForeignCurrencyExchangeRateTranslation1 / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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Unamortized discount on debt |
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0us-gaap_DebtInstrumentUnamortizedDiscount / us-gaap_LongtermDebtTypeAxis = xoma_HerculesLoanMember
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8,900,000us-gaap_DebtInstrumentUnamortizedDiscount / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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Fair value of loan amount |
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8,900,000us-gaap_DebtInstrumentFairValue / us-gaap_LongtermDebtTypeAxis = xoma_HerculesLoanMember
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0us-gaap_DebtInstrumentFairValue / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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Unrealized foreign exchange gain (loss) |
1,949,000us-gaap_ForeignCurrencyTransactionGainLossUnrealized
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66,000us-gaap_ForeignCurrencyTransactionGainLossUnrealized
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1,900,000us-gaap_ForeignCurrencyTransactionGainLossUnrealized / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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Loan discount balance |
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1,600,000us-gaap_DebtInstrumentUnamortizedDiscountPremiumNet / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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Amortization of debt discount |
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0us-gaap_AmortizationOfDebtDiscountPremium / us-gaap_LongtermDebtTypeAxis = xoma_HerculesLoanMember
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200,000us-gaap_AmortizationOfDebtDiscountPremium / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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500,000us-gaap_AmortizationOfDebtDiscountPremium / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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Carrying value of the loan |
47,189,000us-gaap_LongTermDebt
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20,000,000us-gaap_LongTermDebt / us-gaap_LongtermDebtTypeAxis = xoma_HerculesLoanMember
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20,000,000us-gaap_LongTermDebt / us-gaap_LongtermDebtTypeAxis = xoma_HerculesLoanMember
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14,700,000us-gaap_LongTermDebt / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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16,200,000us-gaap_LongTermDebt / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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Unrealized foreign exchange gain (loss) related to re-measurement of loan discount |
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200,000xoma_UnrealizedForeignExchangeGainsRelatedToRemeasurementOfLoanDiscount / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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0xoma_UnrealizedForeignExchangeGainsRelatedToRemeasurementOfLoanDiscount / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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Recognition of deferred revenue |
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200,000us-gaap_RecognitionOfDeferredRevenue / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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500,000us-gaap_RecognitionOfDeferredRevenue / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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Debt issuance costs |
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200,000us-gaap_DebtIssuanceCosts
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500,000us-gaap_DebtIssuanceCosts / us-gaap_LongtermDebtTypeAxis = xoma_HerculesLoanMember
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6,000us-gaap_DebtIssuanceCosts / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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Aggregate number of unregistered shares of common stock called by warrants (in shares) |
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263,158us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights / us-gaap_LongtermDebtTypeAxis = us-gaap_MediumTermNotesMember
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39,346us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights / us-gaap_LongtermDebtTypeAxis = us-gaap_MediumTermNotesMember
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181,268us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights / us-gaap_LongtermDebtTypeAxis = xoma_HerculesLoanMember
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Warrants exercise price (in dollars per share) |
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$ 1.14us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1 / us-gaap_LongtermDebtTypeAxis = us-gaap_MediumTermNotesMember
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$ 3.54us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1 / us-gaap_LongtermDebtTypeAxis = us-gaap_MediumTermNotesMember
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$ 3.31us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1 / us-gaap_LongtermDebtTypeAxis = xoma_HerculesLoanMember
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Immediate Term for warrants exercisable (in years) |
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5 years
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5 years
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Fair value of warrant liability |
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200,000us-gaap_WarrantsNotSettleableInCashFairValueDisclosure / us-gaap_LongtermDebtTypeAxis = us-gaap_MediumTermNotesMember
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100,000us-gaap_WarrantsNotSettleableInCashFairValueDisclosure / us-gaap_LongtermDebtTypeAxis = us-gaap_MediumTermNotesMember
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500,000us-gaap_WarrantsNotSettleableInCashFairValueDisclosure / us-gaap_LongtermDebtTypeAxis = xoma_HerculesLoanMember
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Loss on extinguishment of debt |
(429,000)us-gaap_GainsLossesOnExtinguishmentOfDebt
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0us-gaap_GainsLossesOnExtinguishmentOfDebt
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400,000us-gaap_GainsLossesOnExtinguishmentOfDebt / us-gaap_LongtermDebtTypeAxis = us-gaap_MediumTermNotesMember
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Outstanding principle balance and interest |
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5,500,000xoma_DebtInstrumentPaymentPrincipalAndInterest / us-gaap_LongtermDebtTypeAxis = xoma_HerculesLoanMember
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Percentage bearing variable rate (in hundredths) |
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9.40%us-gaap_LongTermDebtPercentageBearingVariableInterestRate / us-gaap_LongtermDebtTypeAxis = xoma_HerculesLoanMember
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Reduction of percentage of interest under loan agreement (in hundredths) |
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7.25%xoma_ReductionOfPercentageOfInterestUnderLoanAgreement / us-gaap_LongtermDebtTypeAxis = xoma_HerculesLoanMember
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Period of interest |
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1 year
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Amortization date |
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Jul. 01, 2016
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Date of extension of amortization |
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Oct. 01, 2016
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Period of interest amortized |
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30 days
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Prepayment fee within twelve months of maturity (in hundredths) |
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3.00%xoma_PrepaymentFeeWithinTwelveMonthsOfMaturity / us-gaap_LongtermDebtTypeAxis = xoma_HerculesLoanMember
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Prepayment fee after twelve months but before twenty four months of maturity (in hundredths) |
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2.00%xoma_PrepaymentFeeAfterTwelveMonthsButBeforeTwentyFourMonthsOfMaturity / us-gaap_LongtermDebtTypeAxis = xoma_HerculesLoanMember
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Prepayment fee after twenty four months of maturity (in hundredths) |
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1.00%xoma_PrepaymentFeeAfterTwentyFourMonthsOfMaturity / us-gaap_LongtermDebtTypeAxis = xoma_HerculesLoanMember
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Additional interest rate in case of default (in hundredths) |
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5.00%xoma_AdditionalInterestRateInCaseOfDefault / us-gaap_LongtermDebtTypeAxis = xoma_HerculesLoanMember
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Final payment fee |
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1,215,000xoma_FinalPaymentFeeForLoan / us-gaap_LongtermDebtTypeAxis = xoma_HerculesLoanMember
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Exercisable period of warrants |
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5 years
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Aggregate future principal and final fee payments of total interest bearing obligations - long-term [Abstract] |
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Nine months ending December 31, 2015 |
15,140,000us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
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Year ended 2016 |
9,037,000us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
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Year ended 2017 |
14,659,000us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
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Year ended 2018 |
17,843,000us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
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Long-term debt including current portion |
56,679,000xoma_LongTermDebtTotalFuturePrincipalAndFinalFeePayments
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Less: interest, final payment and discount |
(9,490,000)xoma_LongTermDebtInterestFinalPaymentAndDiscount
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Total long-term |
47,189,000us-gaap_LongTermDebt
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20,000,000us-gaap_LongTermDebt / us-gaap_LongtermDebtTypeAxis = xoma_HerculesLoanMember
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20,000,000us-gaap_LongTermDebt / us-gaap_LongtermDebtTypeAxis = xoma_HerculesLoanMember
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14,700,000us-gaap_LongTermDebt / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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16,200,000us-gaap_LongTermDebt / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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Less current portion |
(15,605,000)xoma_LongTermDebtIncludingFinalFeeCurrentMaturities
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Total long-term debt |
31,584,000xoma_LongTermDebtIncludingFinalFeeExcludingCurrentMaturities
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Interest expense and amortization of debt issuance costs [Abstract] |
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Interest expense |
$ 1,115,000us-gaap_InterestExpenseDebt
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$ 1,125,000us-gaap_InterestExpenseDebt
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$ 548,000us-gaap_InterestExpenseDebt / us-gaap_LongtermDebtTypeAxis = us-gaap_MediumTermNotesMember
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$ 448,000us-gaap_InterestExpenseDebt / us-gaap_LongtermDebtTypeAxis = us-gaap_MediumTermNotesMember
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$ 234,000us-gaap_InterestExpenseDebt / us-gaap_LongtermDebtTypeAxis = xoma_HerculesLoanMember
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$ 0us-gaap_InterestExpenseDebt / us-gaap_LongtermDebtTypeAxis = xoma_HerculesLoanMember
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$ 255,000us-gaap_InterestExpenseDebt / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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$ 587,000us-gaap_InterestExpenseDebt / us-gaap_LongtermDebtTypeAxis = xoma_ServierLoanMember
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$ 78,000us-gaap_InterestExpenseDebt / us-gaap_LongtermDebtTypeAxis = xoma_NovartisNoteMember
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$ 77,000us-gaap_InterestExpenseDebt / us-gaap_LongtermDebtTypeAxis = xoma_NovartisNoteMember
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$ 0us-gaap_InterestExpenseDebt / us-gaap_LongtermDebtTypeAxis = xoma_OtherFinancingsMember
|
$ 13,000us-gaap_InterestExpenseDebt / us-gaap_LongtermDebtTypeAxis = xoma_OtherFinancingsMember
|