Quarterly report pursuant to Section 13 or 15(d)

Revenues (Tables)

v3.20.2
Revenues (Tables)
6 Months Ended
Jun. 30, 2020
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, 

2020

    

2019

2020

    

2019

Product sales:

Gross product sales

$

18,353

$

12,481

$

33,724

$

22,397

Discounts and allowances

(3,379)

(2,308)

(6,070)

(4,170)

Product sales, net

$

14,974

$

10,173

$

27,654

$

18,227

Revenues from collaborations:

License revenues

39,858

4,499

Research and development services and others

1,047

234

4,270

305

Total revenues from collaborations

1,047

234

44,128

4,804

Total revenues

$

16,021

$

10,407

$

71,782

$

23,031

Schedule of revenues from product sales disaggregated by customers

The following table summarizes revenues from each of our customers who individually accounted for 10% or more of our total revenues (as a percentage of total revenues):

Three Months Ended 

Six Months Ended 

June 30, 

June 30, 

2020

    

2019

2020

    

2019

ASD Healthcare and Oncology Supply

47%

48%

20%

40%

McKesson Specialty Care Distribution Corporation

41%

40%

16%

31%

Cardinal Healthcare

5%

10%

2%

Grifols

7%

61%

20%

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, 2020 and 2019 (in thousands):

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

Chargebacks,

Government

Discounts and

and Other

Fees

Rebates

Returns

Total

Balance at January 1, 2019

    

$

622

 

$

843

$

170

$

1,635

Provision related to current period sales

2,055

1,559

99

3,713

Credit or payments made during the period

(1,682)

(930)

(2,612)

Balance at June 30, 2019

 

$

995

$

1,472

$

269

$

2,736