Quarterly report pursuant to Section 13 or 15(d)

REVENUES (Tables)

v3.24.3
REVENUES (Tables)
 9 Months Ended
Sep. 30, 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 September 30,

 

 

Nine months ended September 30,

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Endari® - U.S.

$

2,757

 

 

$

4,612

 

 

$

10,575

 

 

$

15,028

 

Endari® - International

 

2,485

 

 

 

321

 

 

 

2,362

 

 

 

6,897

 

Other

 

236

 

 

 

85

 

 

 

424

 

 

 

605

 

Revenues, net

$

5,478

 

 

$

5,018

 

 

$

13,361

 

 

$

22,530

 
Revenue Allowance and Accrual Activities

The following table summarizes the revenue allowance and accrual activities for the nine months ended September 30, 2024 and 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

 

939

 

 

 

2,530

 

 

 

114

 

 

 

3,583

 

Adjustments related to prior period sales

 

(79

)

 

 

34

 

 

 

47

 

 

 

2

 

Credits and payments made

 

(1,175

)

 

 

(1,683

)

 

 

(913

)

 

 

(3,771

)

Balance as of September 30, 2024

$

897

 

 

$

6,539

 

 

$

111

 

 

$

7,547

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2022

$

1,358

 

 

$

3,718

 

 

$

415

 

 

$

5,491

 

Provision related to sales in the current year

 

1,677

 

 

 

3,228

 

 

 

387

 

 

 

5,292

 

Adjustments related to prior period sales

 

(213

)

 

 

136

 

 

 

25

 

 

 

(52

)

Credits and payments made

 

(1,853

)

 

 

(2,300

)

 

 

(442

)

 

 

(4,595

)

Balance as of September 30, 2023

$

969

 

 

$

4,782

 

 

$

385

 

 

$

6,136

 

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

The following table summarizes revenues in each of the periods shown attributable to customers that accounted for 10% or more of our net revenues in any of the periods shown:

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Customer A

 

4

%

 

 

32

%

 

 

25

%

 

 

20

%

Customer B

 

6

%

 

 

21

%

 

 

20

%

 

 

16

%

Customer C

 

11

%

 

 

12

%

 

 

6

%

 

 

9

%

Customer D

 

20

%

 

 

21

%

 

 

17

%

 

 

20

%

Customer E

 

0

%

 

 

5

%

 

 

0

%

 

 

14

%

Customer F

 

27

%

 

 

0

%

 

 

11

%

 

 

7

%