| Disaggregation of Revenue |
The composition of revenue from services by payor for the three months ended March 31, 2026 and 2025 was as follows:
|
|
|
|
|
|
|
|
|
|
|
Three months ended March 31, |
|
(In thousands) |
|
2026 |
|
|
2025 |
|
Healthcare insurers |
|
$ |
44,576 |
|
|
$ |
57,652 |
|
Government payers |
|
|
9,655 |
|
|
|
17,155 |
|
Client payers |
|
|
15,658 |
|
|
|
25,280 |
|
Patients |
|
|
2,297 |
|
|
|
2,757 |
|
Total |
|
$ |
72,186 |
|
|
$ |
102,844 |
|
|
| Schedule of Product Sales Allowances and Accruals |
The following table presents an analysis of Rayaldee product sales allowances and accruals for the three months ended March 31, 2026 and 2025:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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 |
|
|
2,933 |
|
|
|
3,360 |
|
|
|
256 |
|
|
|
6,549 |
|
Credits or payments made |
|
|
(2,947 |
) |
|
|
(3,303 |
) |
|
|
(257 |
) |
|
|
(6,507 |
) |
Balance at March 31, 2026 |
|
$ |
1,360 |
|
|
$ |
4,568 |
|
|
$ |
2,546 |
|
|
$ |
8,474 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total gross Rayaldee sales |
|
|
|
|
|
|
|
|
|
|
$ |
12,805 |
|
Provision for Rayaldee sales allowances and accruals as a percentage of gross Rayaldee sales |
|
|
|
|
|
|
|
|
|
|
|
51 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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 |
|
|
3,085 |
|
|
|
3,434 |
|
|
|
262 |
|
|
|
6,781 |
|
Credits or payments made |
|
|
(3,927 |
) |
|
|
(4,948 |
) |
|
|
(249 |
) |
|
|
(9,124 |
) |
Balance at March 31, 2025 |
|
$ |
1,228 |
|
|
$ |
3,851 |
|
|
$ |
2,478 |
|
|
$ |
7,557 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total gross Rayaldee sales |
|
|
|
|
|
|
|
|
|
|
$ |
13,110 |
|
Provision for Rayaldee sales allowances and accruals as a percentage of gross Rayaldee sales |
|
|
|
|
|
|
|
|
|
|
|
52 |
% |
|