|
NOTE 3 — REVENUES
Revenues disaggregated by category were as follows (in thousands):
|
|
|
Three Months Ended March 31,
|
|
|
|
|
2020
|
|
|
2019
Restated
|
|
|
Endari®
|
|
$
|
6,714
|
|
|
$
|
4,602
|
|
|
Other
|
|
|
240
|
|
|
|
105
|
|
|
Revenues, net
|
|
$
|
6,954
|
|
|
$
|
4,707
|
|
The following table summarizes the revenue allowance and accrual activities for the three months ended March 31, 2020 and 2019 (in thousands):
|
|
|
Trade Discounts, Allowances and Chargebacks
|
|
|
Government Rebates and Other Incentives
|
|
|
Returns
|
|
|
Total
|
|
|
Balance as of December 31, 2019
|
|
$
|
228
|
|
|
$
|
1,354
|
|
|
$
|
315
|
|
|
$
|
1,897
|
|
|
Provision related to sales in the current year
|
|
|
942
|
|
|
|
1,122
|
|
|
|
71
|
|
|
|
2,135
|
|
|
Adjustments related prior period sales
|
|
|
16
|
|
|
|
(44
|
)
|
|
|
(22
|
)
|
|
|
(50
|
)
|
|
Credit and payments made
|
|
|
(794
|
)
|
|
|
(709
|
)
|
|
|
—
|
|
|
|
(1,503
|
)
|
|
Balance as of March 31, 2020
|
|
$
|
392
|
|
|
$
|
1,723
|
|
|
$
|
364
|
|
|
$
|
2,479
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance as of December 31, 2018
|
|
$
|
84
|
|
|
$
|
798
|
|
|
$
|
99
|
|
|
$
|
981
|
|
|
Provision related to sales in the current year
|
|
|
292
|
|
|
|
729
|
|
|
|
54
|
|
|
|
1,075
|
|
|
Credit and payments made
|
|
|
(316
|
)
|
|
|
(581
|
)
|
|
|
—
|
|
|
|
(897
|
)
|
|
Balance as of March 31, 2019, as restated
|
|
$
|
60
|
|
|
$
|
946
|
|
|
$
|
153
|
|
|
$
|
1,159
|
|
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 total revenues):
|
|
|
Three Months Ended March 31,
|
|
|
|
|
2020
|
|
|
2019
Restated
|
|
|
Customer A
|
|
|
54
|
%
|
|
|
65
|
%
|
|
Customer B
|
|
|
27
|
%
|
|
|
19
|
%
|
|