Quarterly report pursuant to Section 13 or 15(d)

REVENUES (Tables)

v3.24.2.u1
REVENUES (Tables)
 3 Months Ended
Mar. 31, 2024
Revenue From Contract With Customer [Abstract]  
Summary of revenues disaggregated by category

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

 

 

Three months ended March 31,

 

 

 

2024

 

 

2023

 

Endari®

 

$

2,344

 

 

$

6,515

 

Other

 

 

162

 

 

 

238

 

Revenues, net

 

$

2,506

 

 

$

6,753

 
Revenue Allowance and Accrual Activities

The following table summarizes the revenue allowance and accrual activities for the three months ended March 31, 2024 and March 31, 2023 (in thousands):

 

 

Trade Discounts, Allowances and Chargebacks

 

 

Government Rebates and Other Incentives

 

 

Returns

 

 

Total

 

Balance as of December 31, 2023

 

$

1,212

 

 

$

5,658

 

 

$

863

 

 

$

7,733

 

Provision related to sales in the current year

 

 

205

 

 

 

577

 

 

 

25

 

 

 

807

 

Adjustments related to prior period sales

 

 

(50

)

 

 

51

 

 

 

—

 

 

 

1

 

Credits and payments made

 

 

(529

)

 

 

(553

)

 

 

(645

)

 

 

(1,727

)

Balance as of March 31, 2024

 

$

838

 

 

$

5,733

 

 

$

243

 

 

$

6,814

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2022

 

$

1,358

 

 

$

3,718

 

 

$

415

 

 

$

5,491

 

Provision related to sales in the current year

 

 

425

 

 

 

819

 

 

 

106

 

 

 

1,350

 

Adjustments related to prior period sales

 

 

(213

)

 

 

130

 

 

 

—

 

 

 

(83

)

Credits and payments made

 

 

(716

)

 

 

(597

)

 

 

(150

)

 

 

(1,463

)

Balance as of March 31, 2023

 

$

854

 

 

$

4,070

 

 

$

371

 

 

$

5,295

 

 
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 net revenues in any of the periods shown:

 

 

 

Three months ended March 31,

 

 

2024

 

 

2023

 

Customer A

 

 

46

%

 

 

20

%

Customer B

 

 

39

%

 

 

15

%

Customer D

 

 

2

%

 

 

16

%

Customer F

 

 

1

%

 

 

23

%