Quarterly report pursuant to Section 13 or 15(d)

REVENUES (Tables)

v3.21.2
REVENUES (Tables)
 6 Months Ended
Jun. 30, 2021
Revenue From Contract With Customer [Abstract]  
Summary of revenues disaggregated by category

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

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Endari®

 

$

6,445

 

 

$

4,349

 

 

$

11,596

 

 

$

11,063

 

Other

 

 

44

 

 

 

11

 

 

 

228

 

 

 

251

 

Revenues, net

 

$

6,489

 

 

$

4,360

 

 

$

11,824

 

 

$

11,314

 

 
Revenue Allowance and Accrual Activities

The following table summarizes the revenue allowance and accrual activities for the six months ended June 30, 2021 and June 30, 2020 (in thousands):

 

 

Trade Discounts, Allowances and Chargebacks

 

 

Government Rebates and Other Incentives

 

 

Returns

 

 

Total

 

Balance as of December 31, 2020

 

$

134

 

 

$

2,119

 

 

$

473

 

 

$

2,726

 

Provision related to sales in the current year

 

 

1,417

 

 

 

1,870

 

 

 

127

 

 

 

3,414

 

Adjustments related prior period sales

 

 

12

 

 

 

5

 

 

 

(59

)

 

 

(42

)

Credit and payments made

 

 

(581

)

 

 

(1,657

)

 

 

(20

)

 

 

(2,258

)

Balance as of June 30, 2021

 

$

982

 

 

$

2,337

 

 

$

521

 

 

$

3,840

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2019

 

$

228

 

 

$

1,354

 

 

$

315

 

 

$

1,897

 

Provision related to sales in the current year

 

 

1,438

 

 

 

1,955

 

 

 

118

 

 

 

3,511

 

Adjustments related prior period sales

 

 

16

 

 

 

(43

)

 

 

(43

)

 

 

(70

)

Credit and payments made

 

 

(1,208

)

 

 

(1,324

)

 

 

—

 

 

 

(2,532

)

Balance as of June 30, 2020

 

$

474

 

 

$

1,942

 

 

$

390

 

 

$

2,806

 

 
Summarizes revenues from each of our customers accounted for 10% or more of net revenues

The following table summarizes revenues attributable to each of our customers that accounted for 10% or more of our total revenues (as a percentage of net revenues):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Customer A

 

 

48

%

 

 

55

%

 

 

54

%

 

 

54

%

Customer B

 

 

36

%

 

 

20

%

 

 

28

%

 

 

24

%