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Revenue from Contracts with Customers (Tables)
9 Months Ended
Sep. 30, 2022
Schedule of Contract Assets and Contract Liabilities

Total contract assets at September 30, 2022 were as follows:

 

(In thousands)

 

Contract Assets

 

Contract assets at December 31, 2021

 

$

13,363

 

Additions

 

 

30,215

 

Transferred to receivables, net

 

 

(33,473

)

Contract assets at September 30, 2022

 

$

10,105

 

Total contract liabilities at September 30, 2022 were as follows:

 

(In thousands)

 

Contract Liabilities

 

Contract liabilities at December 31, 2021

 

$

17,830

 

Additions

 

 

2,595

 

Amounts recognized into revenue

 

 

(5,402

)

Amounts recognized into other (expense) income, net

 

 

(6,384

)

Contract liabilities at September 30, 2022

 

$

8,639

 

Product sales, net  
Schedule of Disaggregation of Revenues During the three and nine months ended September 30, 2022 and 2021, the Company recorded product sales, net, as follows:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

(In thousands)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

VIVITROL

 

$

96,534

 

 

$

88,864

 

 

$

277,493

 

 

$

251,815

 

ARISTADA and ARISTADA INITIO

 

 

75,719

 

 

 

68,873

 

 

 

222,826

 

 

 

196,693

 

LYBALVI

 

 

27,127

 

 

 

 

 

 

61,116

 

 

 

 

Total product sales, net

 

$

199,380

 

 

$

157,737

 

 

$

561,435

 

 

$

448,508

 

Manufacturing and royalty revenues  
Schedule of Disaggregation of Revenues

During the three and nine months ended September 30, 2022 and 2021, the Company recorded manufacturing and royalty revenues as follows:

 

 

 

Three Months Ended September 30, 2022

 

 

Nine Months Ended September 30, 2022

 

(In thousands)

 

Manufacturing Revenue

 

 

Royalty Revenue

 

 

Total

 

 

Manufacturing Revenue

 

 

Royalty Revenue

 

 

Total

 

Long-acting INVEGA products(1)

 

$

 

 

$

26,737

 

 

$

26,737

 

 

$

 

 

$

90,439

 

 

$

90,439

 

VUMERITY

 

 

5,584

 

 

 

20,666

 

 

 

26,250

 

 

 

22,629

 

 

 

60,386

 

 

 

83,015

 

RISPERDAL CONSTA

 

 

8,380

 

 

 

1,848

 

 

 

10,228

 

 

 

32,529

 

 

 

5,516

 

 

 

38,045

 

Other

 

 

3,265

 

 

 

(13,539

)

 

 

(10,274

)

 

 

26,472

 

 

 

5,466

 

 

 

31,938

 

 

 

$

17,229

 

 

$

35,712

 

 

$

52,941

 

 

$

81,630

 

 

$

161,807

 

 

$

243,437

 

 

 

 

Three Months Ended September 30, 2021

 

 

Nine Months Ended September 30, 2021

 

(In thousands)

 

Manufacturing Revenue

 

 

Royalty Revenue

 

 

Total

 

 

Manufacturing Revenue

 

 

Royalty Revenue

 

 

Total

 

Long-acting INVEGA products(1)

 

$

 

 

$

79,323

 

 

$

79,323

 

 

$

 

 

$

221,965

 

 

$

221,965

 

VUMERITY

 

 

8,499

 

 

 

18,250

 

 

 

26,749

 

 

 

17,671

 

 

 

42,866

 

 

 

60,537

 

RISPERDAL CONSTA

 

 

8,725

 

 

 

2,245

 

 

 

10,970

 

 

 

31,411

 

 

 

8,172

 

 

 

39,583

 

Other

 

 

6,762

 

 

 

12,490

 

 

 

19,252

 

 

 

29,282

 

 

 

47,068

 

 

 

76,350

 

 

 

$

23,986

 

 

$

112,308

 

 

$

136,294

 

 

$

78,364

 

 

$

320,071

 

 

$

398,435

 

 

(1)
“Long-acting INVEGA products”: INVEGA SUSTENNA/XEPLION (paliperidone palmitate), INVEGA TRINZA/TREVICTA (paliperidone palmitate) and INVEGA HAFYERA/BYANNLI (paliperidone palmitate)