Quarterly report [Sections 13 or 15(d)]

Revenues (Tables)

v3.25.1
Revenues (Tables)
3 Months Ended
Mar. 31, 2025
Revenue From Contract With Customer [Abstract]  
Summary of revenues disaggregated by category

Revenues, net by category were as follows (in thousands):

 

 

Three months ended March 31,

 

 

 

2025

 

 

2024

 

Endari®

 

$

2,253

 

 

$

2,344

 

Other

 

 

153

 

 

 

162

 

Revenues, net

 

$

2,406

 

 

$

2,506

 

Revenue Allowance and Accrual Activities

The following table summarizes the revenue allowance and accrual activities for the three months ended March 31, 2025 and 2024 (in thousands):

 

 

Trade Discounts, Allowances and Chargebacks

 

 

Government Rebates and Other Incentives

 

 

Returns

 

 

Total

 

Balance as of January 1, 2025

 

$

1,135

 

 

$

6,812

 

 

$

138

 

 

$

8,085

 

Provision related to sales in the current year

 

 

192

 

 

 

746

 

 

 

27

 

 

 

965

 

Adjustments related to prior period sales

 

 

4

 

 

 

17

 

 

 

 

 

 

21

 

Credits and payments made

 

 

(251

)

 

 

(529

)

 

 

(81

)

 

 

(861

)

Balance as of March 31, 2025

 

$

1,080

 

 

$

7,046

 

 

$

84

 

 

$

8,210

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of January 1, 2024

 

$

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

 

 

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

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

 

 

 

Three months ended March 31,

 

 

2025

 

 

2024

 

Customer A

 

 

20

%

 

 

46

%

Customer B

 

 

10

%

 

 

39

%

Customer C

 

 

30

%

 

 

2

%