| Disaggregation of Revenue |
The composition of revenue from services by payor for the six months ended June 30, 2026 and 2025 was as follows:
|
|
|
|
|
|
|
|
|
|
|
Three months ended June 30, |
|
(In thousands) |
|
2026 |
|
|
2025 |
|
Healthcare insurers |
|
$ |
49,990 |
|
|
$ |
58,478 |
|
Government payers |
|
|
9,169 |
|
|
|
17,102 |
|
Client payers |
|
|
13,132 |
|
|
|
23,168 |
|
Patients |
|
|
2,258 |
|
|
|
2,353 |
|
Total |
|
$ |
74,549 |
|
|
$ |
101,101 |
|
|
| Schedule of Product Sales Allowances and Accruals |
The following table presents an analysis of Rayaldee product sales allowances and accruals for the six months ended June 30, 2026 and 2025:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(In thousands) |
|
Chargebacks,
discounts,
rebates and
fees |
|
|
Governmental |
|
|
Returns |
|
|
Total |
|
Balance at March 31, 2026 |
|
$ |
1,360 |
|
|
$ |
4,568 |
|
|
$ |
2,546 |
|
|
$ |
8,474 |
|
Provision related to current period sales |
|
|
2,965 |
|
|
|
2,879 |
|
|
|
285 |
|
|
|
6,129 |
|
Credits or payments made |
|
|
(2,950 |
) |
|
|
(3,370 |
) |
|
|
(144 |
) |
|
|
(6,464 |
) |
Balance at June 30, 2026 |
|
$ |
1,375 |
|
|
$ |
4,077 |
|
|
$ |
2,687 |
|
|
$ |
8,139 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total gross Rayaldee sales |
|
|
|
|
|
|
|
|
|
|
$ |
14,262 |
|
Provision for Rayaldee sales allowances and accruals as a percentage of gross Rayaldee sales |
|
|
|
|
|
|
|
|
|
|
|
43 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(In thousands) |
|
Chargebacks,
discounts,
rebates and
fees |
|
|
Governmental |
|
|
Returns |
|
|
Total |
|
Balance at December 31, 2025 |
|
$ |
1,374 |
|
|
$ |
4,511 |
|
|
$ |
2,547 |
|
|
$ |
8,432 |
|
Provision related to current period sales |
|
|
5,889 |
|
|
|
6,239 |
|
|
|
541 |
|
|
|
12,669 |
|
Credits or payments made |
|
|
(5,888 |
) |
|
|
(6,673 |
) |
|
|
(401 |
) |
|
|
(12,962 |
) |
Balance at June 30, 2026 |
|
$ |
1,375 |
|
|
$ |
4,077 |
|
|
$ |
2,687 |
|
|
$ |
8,139 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total gross Rayaldee sales |
|
|
|
|
|
|
|
|
|
|
$ |
27,066 |
|
Provision for Rayaldee sales allowances and accruals as a percentage of gross Rayaldee sales |
|
|
|
|
|
|
|
|
|
|
|
47 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(In thousands) |
|
Chargebacks, discounts, rebates and fees |
|
|
Governmental |
|
|
Returns |
|
|
Total |
|
Balance at March 31, 2025 |
|
$ |
1,228 |
|
|
$ |
3,851 |
|
|
$ |
2,478 |
|
|
$ |
7,557 |
|
Provision related to current period sales |
|
|
3,173 |
|
|
|
3,858 |
|
|
|
291 |
|
|
|
7,322 |
|
Credits or payments made |
|
|
(3,161 |
) |
|
|
(3,583 |
) |
|
|
(452 |
) |
|
|
(7,196 |
) |
Balance at June 30, 2025 |
|
$ |
1,240 |
|
|
$ |
4,126 |
|
|
$ |
2,317 |
|
|
$ |
7,683 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total gross Rayaldee sales |
|
|
|
|
|
|
|
|
|
|
$ |
14,528 |
|
Provision for Rayaldee sales allowances and accruals as a percentage of gross Rayaldee sales |
|
|
|
|
|
|
|
|
|
|
|
50 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(In thousands) |
|
Chargebacks, discounts, rebates and fees |
|
|
Governmental |
|
|
Returns |
|
|
Total |
|
Balance at December 31, 2024 |
|
$ |
2,070 |
|
|
$ |
5,365 |
|
|
$ |
2,465 |
|
|
$ |
9,900 |
|
Provision related to current period sales |
|
|
6,258 |
|
|
|
7,292 |
|
|
|
553 |
|
|
|
14,103 |
|
Credits or payments made |
|
|
(7,088 |
) |
|
|
(8,531 |
) |
|
|
(701 |
) |
|
|
(16,320 |
) |
Balance at June 30, 2025 |
|
$ |
1,240 |
|
|
$ |
4,126 |
|
|
$ |
2,317 |
|
|
$ |
7,683 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total gross Rayaldee sales |
|
|
|
|
|
|
|
|
|
|
$ |
27,638 |
|
Provision for Rayaldee sales allowances and accruals as a percentage of gross Rayaldee sales |
|
|
|
|
|
|
|
|
|
|
|
51 |
% |
|