Quarterly report pursuant to Section 13 or 15(d)

REVENUES (Tables)

v3.23.1
REVENUES (Tables)
3 Months Ended
Mar. 31, 2023
REVENUES  
Schedule of revenues disaggregated by category

Revenues disaggregated by category were as follows (in thousands):

Three Months Ended March 31, 

2023

    

2022

Product sales:

Gross product sales

$

33,198

$

22,618

Discounts and allowances

(9,453)

(6,421)

Total product sales, net

23,745

16,197

Revenues from collaborations:

License revenues

208

Royalty, delivery of drug supplies and others

2,325

330

Total revenues from collaborations

2,325

538

Government contract

Total revenues

$

26,070

$

16,735

Schedule of product revenue allowance and reserve categories

Chargebacks,

Government

Discounts and

and Other

Fees

Rebates

Returns

Total

Balance as of January 1, 2023

    

$

6,213

$

2,636

$

3,296

$

12,145

Provision related to current period sales

7,231

1,795

197

9,223

Credit or payments made during the period

(5,777)

(1,422)

(81)

(7,280)

Balance as of March 31, 2023

 

$

7,667

$

3,009

$

3,412

$

14,088

Chargebacks,

Government

Discounts and

and Other

Fees

Rebates

Returns

Total

Balance as of January 1, 2022

    

$

3,404

$

2,494

$

2,017

$

7,915

Provision related to current period sales

4,345

1,397

378

6,120

Credit or payments made during the period

(3,322)

(1,227)

(31)

(4,580)

Balance as of March 31, 2022

 

$

4,427

$

2,664

$

2,364

$

9,455

Schedule of revenues from product sales disaggregated by customers

The following table summarizes the percentages of revenues from each of our customers who individually accounted for 10% or more of the total net product sales and revenues from collaborations:

Three Months Ended March 31, 

2023

    

2022

McKesson Specialty Care Distribution Corporation

45%

38%

Cardinal Healthcare

24%

28%

ASD Healthcare and Oncology Supply

22%

31%