Annual report pursuant to Section 13 and 15(d)

REVENUES (Tables)

v3.21.1
REVENUES (Tables)
12 Months Ended
Dec. 31, 2020
Revenue From Contract With Customer [Abstract]  
Summary of revenues by category

Revenues by category were as follows (in thousands):

 

 

Year ended December 31,

 

 

 

2020

 

 

2019

 

Endari®

 

$

22,564

 

 

 

22,311

 

Other

 

 

603

 

 

 

441

 

Revenues, net

 

$

23,167

 

 

$

22,752

 

Revenue Allowance and Accrual Activities

The following table summarizes the revenue allowance and accrual activities for the years ended December 31, 2020 and 2019 (in thousands):

 

 

Trade Discounts, Allowances and Chargebacks

 

 

Government Rebates and Other Incentives

 

 

Returns

 

 

Total

 

Balance as of December 31, 2018

 

$

84

 

 

$

798

 

 

$

99

 

 

 

981

 

Provision related to sales in the current year

 

 

1,393

 

 

 

3,082

 

 

 

216

 

 

 

4,691

 

Credit and payments made

 

 

(1,249

)

 

 

(2,526

)

 

 

 

 

 

(3,775

)

Balance as of December 31, 2019

 

 

228

 

 

 

1,354

 

 

 

315

 

 

 

1,897

 

Provision related to sales in the current year

 

 

2,686

 

 

 

3,752

 

 

 

245

 

 

 

6,683

 

Adjustments related to prior period sales

 

 

16

 

 

 

(44

)

 

 

(87

)

 

 

(115

)

Credit and payments made

 

 

(2,796

)

 

 

(2,943

)

 

 

 

 

 

(5,739

)

Balance as of December 31, 2020

 

 

134

 

 

 

2,119

 

 

 

473

 

 

 

2,726

 

 

Summarizes revenues from customers accounted for 10% or more of net revenues and account receivables

The following table sets forth information regarding customers that accounted for 10% or more of net revenues:

 

 

Revenue for year ended December 31,

 

 

 

 

2020

 

 

2019

 

 

Customer A

 

 

60

%

 

 

60

%

 

Customer B

 

 

20

%

 

 

24

%