Summary of Activity in Accrued Rebates and Chargebacks, Returns, Wholesaler Service Fees and Prompt Pay Discounts |
The following table provides a summary of activity with respect to the Company’s sales related allowances and accruals related to EXPAREL for the years ended December 31, 2022, 2021 and 2020, as well as ZILRETTA for the years ended December 31, 2022 and 2021 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Returns Allowances | | Prompt Payment Discounts | | Service Fees | | Volume Rebates and Chargebacks | | Government Rebates | | Total | Balance at December 31, 2019 | $ | 540 | | | $ | 962 | | | $ | 1,486 | | | $ | 1,816 | | | $ | — | | | $ | 4,804 | | Provision | 794 | | | 8,541 | | | 6,437 | | | 12,345 | | | — | | | 28,117 | | Payments/Adjustments | (311) | | | (8,496) | | | (6,755) | | | (12,561) | | | — | | | (28,123) | | Balance at December 31, 2020 | 1,023 | | | 1,007 | | | 1,168 | | | 1,600 | | | — | | | 4,798 | | Provision | 3,095 | | | 10,388 | | | 10,112 | | | 17,101 | | | 1,139 | | | 41,835 | | Payments/Adjustments | (757) | | | (10,217) | | | (7,644) | | | (15,207) | | | (378) | | | (34,203) | | Balance at December 31, 2021 | 3,361 | | | 1,178 | | | 3,636 | | | 3,494 | | | 761 | | | 12,430 | | Provision | 1,390 | | | 11,145 | | | 16,866 | | | 48,890 | | | 1,641 | | | 79,932 | | Payments/Adjustments | (3,060) | | | (11,136) | | | (17,309) | | | (46,932) | | | (1,616) | | | (80,053) | | Balance at December 31, 2022 | $ | 1,691 | | | $ | 1,187 | | | $ | 3,193 | | | $ | 5,452 | | | $ | 786 | | | $ | 12,309 | |
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Disaggregation of Revenue |
The following table represents disaggregated net product sales in the periods presented as follows (in thousands): | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | 2022 | | 2021 | | 2020 | Net product sales: | | | | | | EXPAREL | $ | 536,899 | | | $ | 506,515 | | | $ | 413,338 | | ZILRETTA | 105,517 | | | 12,683 | | | — | | iovera° | 15,258 | | | 16,162 | | | 8,817 | | Bupivacaine liposome injectable suspension | 6,476 | | | 3,606 | | | 4,459 | | Total net product sales | $ | 664,150 | | | $ | 538,966 | | | $ | 426,614 | |
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