v3.26.1
Revenues, net (Tables)
6 Months Ended
Jun. 30, 2026
Revenue From Contract With Customer [Abstract]  
Summary of revenues disaggregated by category

Revenues, net by category were as follows (in thousands):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Endari® - US

 

$

6,001

 

 

 

95

%

 

$

2,323

 

 

 

83

%

 

$

7,377

 

 

 

89

%

 

$

4,378

 

 

 

84

%

Endari® - International

 

 

295

 

 

 

5

%

 

 

474

 

 

 

16

%

 

 

878

 

 

 

11

%

 

 

672

 

 

 

13

%

Other

 

 

22

 

 

 

0

%

 

 

20

 

 

 

1

%

 

 

45

 

 

 

0

%

 

 

173

 

 

 

3

%

Revenues, net

 

 

6,318

 

 

 

100

%

 

 

2,817

 

 

 

100

%

 

 

8,300

 

 

 

100

%

 

 

5,223

 

 

 

100

%

Revenue Allowance and Accrual Activities

The following table summarizes the revenue allowance and accrual activities for the six months ended June 30, 2026 and June 30, 2025 (in thousands):

 

 

Trade Discounts, Allowances and Chargebacks

 

 

Government Rebates and Other Incentives

 

 

Returns

 

 

Total

 

Balance as of January 1, 2026

 

$

1,029

 

 

$

8,129

 

 

$

178

 

 

$

9,336

 

Provision related to sales in the current year

 

 

208

 

 

 

751

 

 

 

31

 

 

 

990

 

Adjustments related to prior period sales

 

 

(7

)

 

 

(6

)

 

 

 

 

 

(13

)

Credits and payments made

 

 

(329

)

 

 

(640

)

 

 

 

 

 

(969

)

Balance as of June 30, 2026

 

$

901

 

 

$

8,234

 

 

$

209

 

 

$

9,344

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of January 1, 2025

 

$

1,135

 

 

$

6,812

 

 

$

138

 

 

$

8,085

 

Provision related to sales in the current year

 

 

390

 

 

 

1,595

 

 

 

55

 

 

 

2,040

 

Adjustments related to prior period sales

 

 

(2

)

 

 

27

 

 

 

 

 

 

25

 

Credits and payments made

 

 

(566

)

 

 

(980

)

 

 

(93

)

 

 

(1,639

)

Balance as of June 30, 2025

 

$

957

 

 

$

7,454

 

 

$

100

 

 

$

8,511

 

Summarizes revenues from each of our customers accounted for 10% or more of net revenues

The following table summarizes revenues attributable to each of the customers that accounted for 10% or more of our net revenues in any of the periods shown:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Customer A

 

 

75

%

 

 

 

 

 

57

%

 

 

 

Customer B

 

 

4

%

 

 

12

%

 

 

6

%

 

 

16

%

Customer C

 

 

4

%

 

 

15

%

 

 

7

%

 

 

28

%

Customer D

 

 

3

%

 

 

27

%

 

 

6

%

 

 

13

%

Customer E

 

 

7

%

 

 

17

%

 

 

9

%

 

 

16

%

Customer F

 

 

 

 

 

14

%

 

 

6

%

 

 

8

%