Quarterly report pursuant to Section 13 or 15(d)

REVENUES (Tables)

v3.22.2.2
REVENUES (Tables)
 9 Months Ended
Sep. 30, 2022
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,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Endari®

 

$

4,763

 

 

$

5,590

 

 

$

12,072

 

 

$

17,186

 

Other

 

 

177

 

 

 

176

 

 

$

389

 

 

 

404

 

Revenues, net

 

$

4,939

 

 

$

5,766

 

 

$

12,460

 

 

$

17,590

 

 
Revenue Allowance and Accrual Activities

The following table summarizes the revenue allowance and accrual activities for the nine months ended September 30, 2022 and September 30, 2021 (in thousands):

 

 

 

Trade Discounts, Allowances and Chargebacks

 

 

Government Rebates and Other Incentives

 

 

Returns

 

 

Total

 

Balance as of December 31, 2021

 

$

1,481

 

 

$

3,133

 

 

$

539

 

 

$

5,153

 

Provision related to sales in the current year

 

 

1,859

 

 

 

1,828

 

 

 

210

 

 

 

3,897

 

Adjustments related to prior period sales

 

 

(56

)

 

 

18

 

 

 

569

 

 

 

531

 

Credits and payments made

 

 

(2,379

)

 

 

(1,656

)

 

 

(977

)

 

 

(5,012

)

Balance as of September 30, 2022

 

$

905

 

 

$

3,323

 

 

$

341

 

 

$

4,569

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2020

 

$

134

 

 

$

2,119

 

 

$

473

 

 

$

2,726

 

Provision related to sales in the current year

 

 

2,374

 

 

 

2,627

 

 

 

188

 

 

 

5,189

 

Adjustments related to prior period sales

 

 

13

 

 

 

8

 

 

 

(111

)

 

 

(90

)

Credits and payments made

 

 

(1,217

)

 

 

(2,201

)

 

 

(20

)

 

 

(3,438

)

Balance as of September 30, 2021

 

$

1,304

 

 

$

2,553

 

 

$

530

 

 

$

4,387

 

 
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 September 30,

 

 

Nine months ended September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Customer A

 

 

9

%

 

 

31

%

 

 

23

%

 

 

47

%

Customer B

 

 

35

%

 

 

49

%

 

 

27

%

 

 

35

%

Customer C

 

 

13

%

 

 

12

%

 

 

12

%

 

 

10

%

Customer D

 

 

15

%

 

 

0

%

 

 

11

%

 

 

0

%

Customer E

 

 

14

%

 

 

0

%

 

 

7

%

 

 

0

%