v3.25.2
Revenue (Tables)
6 Months Ended
Jun. 30, 2025
Revenue  
Schedule of Net product revenue in United States, and Company's net revenue

Three Months Ended

Six Months Ended

June 30, 

June 30, 

(in thousands)

    

2025

2024

2025

    

2024

LOQTORZI

$

9,959

$

3,789

17,307

5,777

Other revenue

 

295

 

6,507

 

546

 

6,827

Total net revenue

$

10,254

$

10,296

$

17,853

$

12,604

Schedule of Gross Revenues by Significant Customer as a Percentage of Total Gross Revenues

    

Three Months Ended

Six Months Ended

 

June 30, 

June 30, 

2025

 

2024

2025

 

2024

 

McKesson Corporation

 

44

%

44

%

45

%

39

%

Cencora (previously known as AmeriSource-Bergen Corporation)

 

39

%

45

%

37

%

44

%

Cardinal Health, Inc.

 

15

%

11

%

17

%

15

%

Schedule of Activities and Ending Reserve Balances for Each Significant Category of Discounts and Allowances

Six Months Ended June 30, 2025

    

Chargebacks

    

    

Other Fees,

    

and Discounts

Co-pay

for Prompt

Assistance

(in thousands)

Payment

Rebates

and Returns

Total

Balances at December 31, 2024

$

110,778

$

123,738

$

41,129

$

275,645

Provision related to sales made in:

Current period

193,653

45,168

31,051

269,872

Prior period - increase (decrease)

(3,439)

(474)

(1,239)

(5,152)

Payments and customer credits issued

 

(295,912)

(91,372)

(51,187)

(438,471)

Balances at June 30, 2025

$

5,080

$

77,060

$

19,754

$

101,894

Six Months Ended June 30, 2024

    

Chargebacks

    

    

Other Fees,

    

and Discounts

Co-pay

for Prompt

Assistance

(in thousands)

Payment

Rebates

and Returns

Total

Balances at December 31, 2023

$

73,953

$

121,137

$

49,795

$

244,885

Provision related to sales made in:

Current period

 

486,139

109,615

80,252

676,006

Prior period - increase (decrease)

(816)

6,145

(1,263)

4,066

Payments and customer credits issued

 

(485,633)

 

(105,986)

 

(82,240)

 

(673,859)

Balances at June 30, 2024

$

73,643

$

130,911

$

46,544

$

251,098