v3.26.1
Product Revenue, Accounts Receivable and Reserves for Product Sales (Tables)
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Product Revenue by Region Product revenue by significant geographic region is as follows:
(in thousands)Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
United States
$91,633 $96,042 $179,122 $184,225 
Europe
19,283 — 39,960 — 
Japan
8,306 — 16,497 — 
Total product revenue, net
$119,222 $96,042 $235,579 $184,225 
Schedules of Concentration of Risk, by Risk Factor Accounts receivable, net from the Company’s customers who individually accounted for 10% or more of accounts receivable, net consisted of the following:
Percent of Accounts Receivable, Net
June 30,
2026
December 31,
2025
Customer A
54 %66 %
Customer B
18 %14 %
All other single customers represent less than 10% of outstanding accounts receivable, net as of June 30, 2026 and December 31, 2025, respectively.
Schedule of Changes in Allowances and Discounts
The following table summarizes changes in allowances and discounts for the six months ended June 30, 2026:
(in thousands)RebatesPrompt PayOther AccrualsTotal
Balance as of December 31, 2025
$61,905 $5,834 $378 $68,117 
Provisions48,869 6,138 201 55,208 
Payments/Credits(21,390)(7,322)(456)(29,168)
Balance as of June 30, 2026
$89,384 $4,650 $123 $94,157