Quarterly report pursuant to Section 13 or 15(d)

Revenues (Tables)

v3.21.2
Revenues (Tables)
6 Months Ended
Jun. 30, 2021
Revenues  
Schedule of revenues disaggregated by category

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

Three Months Ended 

Six Months Ended 

June 30, 

June 30, 

2021

    

2020

2021

    

2020

Product sales:

Gross product sales

$

22,037

$

18,353

$

38,146

$

33,724

Discounts and allowances

(4,984)

(3,379)

(8,717)

(6,070)

Total product sales, net

17,053

14,974

29,429

27,654

Revenues from collaborations:

License revenues

3,305

67,923

39,858

Research and development services and others

408

1,047

1,432

4,270

Total revenues from collaborations

3,713

1,047

69,355

44,128

Government contract

5,500

8,500

Total revenues

$

26,266

$

16,021

$

107,284

$

71,782

Schedule of revenues from product sales disaggregated by customers

The following table summarizes the percentages of revenues from each of our customers who individually accounted for 10% or more (wherein * denotes less than 10%) of the total net product sales and revenues from collaborations:

Three Months Ended 

Six Months Ended 

June 30, 

June 30, 

2021

    

2020

2021

    

2020

ASD Healthcare and Oncology Supply

36%

47%

13%

20%

McKesson Specialty Care Distribution Corporation

33%

41%

13%

16%

Lilly

16%

65%

Cardinal Healthcare

13%

*

*

*

Grifols

*

*

*

61%

Schedule of product revenue allowance and reserve categories

The following table summarizes activity in each of the product revenue allowance and reserve categories for the six months ended June 30, 2021 and 2020 (in thousands):

Chargebacks,

Government

Discounts and

and Other

Fees

Rebates

Returns

Total

Balance at January 1, 2021

    

$

2,461

 

$

2,115

$

1,489

$

6,065

Provision related to current period sales

4,589

2,710

483

7,782

Credit or payments made during the period

(4,800)

(2,433)

(293)

(7,526)

Balance at June 30, 2021

 

$

2,250

$

2,392

$

1,679

$

6,321

Chargebacks,

Government

Discounts and

and Other

Fees

Rebates

Returns

Total

Balance at January 1, 2020

    

$

1,293

 

$

1,801

$

238

$

3,332

Provision related to current period sales

3,381

1,747

128

5,256

Adjustment related to prior period sales

(75)

(257)

332

Credit or payments made during the period

(2,615)

(1,593)

(58)

(4,266)

Balance at June 30, 2020

 

$

1,984

$

1,698

$

640

$

4,322