Annual report pursuant to Section 13 and 15(d)

REVENUES (Tables)

v3.24.0.1
REVENUES (Tables)
12 Months Ended
Dec. 31, 2023
REVENUES  
Schedule of revenues disaggregated by category

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

Year Ended December 31,

2023

    

2022

    

2021

Product sales:

Gross product sales

$

147,058

$

108,523

$

81,186

Discounts and allowances

(42,764)

 

(31,805)

 

(18,176)

Total product sales, net

104,294

76,718

63,010

Revenues from collaborations:

License revenues

7,932

70,553

Milestone revenue

75

 

25,000

 

1,875

Delivery of drug supplies, royalty and others

11,413

 

6,092

 

3,298

Total revenues from collaborations

11,488

39,024

75,726

Government contracts

1,100

4,500

10,500

Total revenues

$

116,882

$

120,242

$

149,236

Schedule of product revenue allowance and reserve categories

Chargebacks,

Government

Discounts and

and Other

Fees

Rebates

Returns

Total

Balance as of January 1, 2023

    

$

6,213

$

2,636

$

3,296

$

12,145

Provision related to current period sales

32,330

8,299

869

41,498

Credit or payments made during the period

(30,307)

(7,418)

(234)

(37,959)

Balance as of December 31, 2023

 

$

8,236

$

3,517

$

3,931

$

15,684

Chargebacks,

Government

Discounts and

and Other

Fees

Rebates

Returns

Total

Balance as of January 1, 2022

    

$

3,404

$

2,494

$

2,017

$

7,915

Provision related to current period sales

23,488

5,901

1,514

30,903

Credit or payments made during the period

(20,679)

(5,759)

(235)

(26,673)

Balance as of December 31, 2022

 

$

6,213

$

2,636

$

3,296

$

12,145

Schedule of revenues from product sales disaggregated by customers

Year Ended December 31,

2023

    

2022

2021

McKesson Specialty Care Distribution Corporation

43%

31%

20%

Cardinal Healthcare

25%

19%

*

ASD Healthcare and Oncology Supply

21%

17%

17%

Kissei

*

24%

*

Lilly

*

*

48%