v3.25.1
REVENUE (Tables)
3 Months Ended
Mar. 31, 2025
REVENUE  
Schedule of disaggregation of revenue

Net revenue for the periods presented represents sales of Amtagvi® and Proleukin® as follows (in thousands):

Three Months Ended

  

March 31, 

2025

    

2024

Amtagvi®

$

43,571

$

Proleukin®

5,753

715

Total net revenue

$

49,324

$

715

Consolidated net product revenue by geographic area for the periods presented is as follows (in thousands):

Three Months Ended

  

March 31, 

2025

    

2024

United States

$

48,520

    

$

Rest of world

804

715

Net revenue

$

49,324

$

715

Schedule of GTN adjustments recorded in revenue

Revenue from product sales was recorded net of GTN adjustments. The following table summarizes GTN adjustments for the periods presented (in thousands):

Three Months Ended

March 31, 

2025

    

2024

Gross revenue

$

49,653

$

719

GTN adjustments:

 

Government rebates and chargebacks

(145)

 

Wholesaler fees and cash discounts

(169)

 

(4)

Other rebates, returns, discounts and adjustments

(15)

 

Total GTN adjustments

(329)

 

(4)

Net revenue

$

49,324

$

715

Schedule of the amount and percentage of gross revenue attributable to customers that represented more than 10% of the Company's gross revenue and all other customers as a group

The following table summarizes the amount and percentage of gross revenue attributable to customers that represented more than 10% of the Company’s gross revenue and all other customers as a group for the three months ended March 31, 2025 and 2024, respectively (in thousands, except percentages):

Three Months Ended

Three Months Ended

  

March 31, 2025

    

March 31, 2024

$

%

$

%

Customer A

$

  

0%

$

  

0%

Other customers

49,653

  

100%

719

  

100%

Gross revenue

$

49,653

100%

$

719

100%

GTN adjustments

(329)

(4)

Net revenue

$

49,324

$

715