Product revenue reserves and allowances

6 Months Ended

Jun. 30, 2026

Product revenue reserves and allowances

7. Product revenue reserves and allowances

Since 2025, the Company’s sole source of product revenue has been from sales of AVMAPKI FAKZYNJA CO-PACK in the United States. The following table summarizes activity in each of the product revenue allowance and reserve categories for the six months ended June 30, 2026 (in thousands):


		Trade			Third Party Payer			Government
		discounts			chargebacks,			rebates and
		and			discounts			other
		allowances			and fees			incentives			Returns			Total
Balance at December 31, 2025		$	236		$	252		$	3,025		$	376		$	3,889
Provision related to sales in the current year			1,213			770			6,126			226			8,335
Adjustments related to prior period sales			—			—			(193)			—			(193)
Credits and payments made			(1,136)			(622)			(4,451)			—			(6,209)
Ending balance at June 30, 2026		$	313		$	400		$	4,507		$	602		$	5,822

Trade discounts and Payer chargebacks and discounts are recorded as a reduction to accounts receivable, net on the condensed consolidated balance sheets. Trade allowances and Payer fees, government rebates, other incentives and returns are recorded as a component of accrued expenses on the condensed consolidated balance sheets.