Quarterly report [Sections 13 or 15(d)]

REVENUES FROM CONTRACTS WITH CUSTOMERS

v3.25.1
REVENUES FROM CONTRACTS WITH CUSTOMERS
3 Months Ended
Mar. 31, 2025
REVENUES FROM CONTRACTS WITH CUSTOMERS  
REVENUES FROM CONTRACTS WITH CUSTOMERS

NOTE 15. REVENUES FROM CONTRACTS WITH CUSTOMERS

Disaggregation of Net Revenues

The Company has the following actively marketed products: EmrosiTM, Qbrexza®, Amzeeq®, Zilxi®, Accutane®, Exelderm®, Targadox®, and Luxamend®. All of the Company’s product revenues are recorded in the U.S.

Revenues by product are summarized as follows:

Three-Month Periods Ended March 31, 

($ in thousands)

    

2025

    

2024

EmrosiTM

$

2,070

$

Qbrexza®

5,161

5,017

Accutane®

 

3,655

 

5,819

Amzeeq®

1,100

755

Zilxi®

426

273

Other / legacy

727

1,166

Total product revenues

$

13,139

$

13,030

Significant Customers

For the three-month periods ended March 31, 2025 and 2024 there were no customers that accounted for more than 10% of the Company’s total gross product revenue.

At March 31, 2025, none of the Company’s customers accounted for more than 10% of its total accounts receivable balance. At December 31, 2024, one of the Company’s customers accounted for more than 10% of its total accounts receivable balance at 10.3%.