Quarterly report pursuant to Section 13 or 15(d)

REVENUES (Tables)

v3.23.1
REVENUES (Tables)
 3 Months Ended
Mar. 31, 2023
Revenue From Contract With Customer [Abstract]  
Summary of revenues disaggregated by category

Revenues disaggregated by category were as follows (in thousands):

 

 

Three months ended March 31,

 

 

 

2023

 

 

2022

 

Endari®

 

$

6,515

 

 

$

3,048

 

Other

 

 

238

 

 

 

186

 

Revenues, net

 

$

6,753

 

 

$

3,234

 
Revenue Allowance and Accrual Activities

The following table summarizes the revenue allowance and accrual activities for the three months ended March 31, 2023 and March 31, 2022 (in thousands):

 

 

Trade Discounts, Allowances and Chargebacks

 

 

Government Rebates and Other Incentives

 

 

Returns

 

 

Total

 

Balance as of December 31, 2022

 

$

1,358

 

 

$

3,718

 

 

$

415

 

 

$

5,491

 

Provision related to sales in the current year

 

 

425

 

 

 

819

 

 

 

106

 

 

 

1,350

 

Adjustments related to prior period sales

 

 

(213

)

 

 

130

 

 

 

—

 

 

 

(83

)

Credits and payments made

 

 

(716

)

 

 

(597

)

 

 

(150

)

 

 

(1,463

)

Balance as of March 31, 2023

 

$

854

 

 

$

4,070

 

 

$

371

 

 

$

5,295

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2021

 

$

1,480

 

 

$

3,134

 

 

$

540

 

 

$

5,154

 

Provision related to sales in the current year

 

 

428

 

 

 

435

 

 

 

30

 

 

$

893

 

Adjustments related to prior period sales

 

 

(10

)

 

 

13

 

 

 

(47

)

 

$

(44

)

Credits and payments made

 

 

(1,064

)

 

 

(453

)

 

 

(32

)

 

$

(1,549

)

Balance as of March 31, 2022

 

$

834

 

 

$

3,129

 

 

$

491

 

 

$

4,454

 
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 March 31,

 

 

2023

 

 

2022

 

Customer A

 

 

20

%

 

 

1

%

Customer B

 

 

14

%

 

 

46

%

Customer C

 

 

7

%

 

 

15

%

Customer D

 

 

20

%

 

 

0

%

Customer E

 

 

8

%

 

 

16

%

Customer F

 

 

23

%

 

 

0

%