Quarterly report [Sections 13 or 15(d)]

REVENUES FROM CONTRACTS WITH CUSTOMERS

v3.25.2
REVENUES FROM CONTRACTS WITH CUSTOMERS
6 Months Ended
Jun. 30, 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 June 30,

Six-Month Periods Ended June 30,

($ in thousands)

    

2025

    

2024

    

2025

    

2024

EmrosiTM

$

2,795

$

$

4,865

$

Qbrexza®

6,949

6,836

12,110

11,853

Accutane®

 

3,395

 

5,719

 

7,050

 

11,538

Amzeeq®

879

1,205

1,979

1,960

Zilxi®

256

369

682

642

Other / legacy

735

726

1,462

1,892

Total product revenues

$

15,009

$

14,855

$

28,148

$

27,885

Significant Customers

For the three and six-month periods ended June 30, 2025 and 2024 there were no customers that accounted for more than 10% of the Company’s total gross product revenue.

At June 30, 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%.