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Revenue from Contracts with Customers (Tables)
9 Months Ended
Sep. 30, 2023
Schedule of Contract Assets and Contract Liabilities

Total contract assets at September 30, 2023 were as follows:

 

(In thousands)

 

Contract Assets

 

Contract assets at December 31, 2022

 

$

8,929

 

Additions

 

 

12,881

 

Transferred to receivables, net

 

 

(19,044

)

Contract assets at September 30, 2023

 

$

2,766

 

Total contract liabilities at September 30, 2023 were as follows:

 

(In thousands)

 

Contract Liabilities

 

Contract liabilities at December 31, 2022

 

$

10,701

 

Additions

 

 

(931

)

Amounts recognized into revenue

 

 

(4,794

)

Contract liabilities at September 30, 2023

 

$

4,976

 

Product sales, net  
Schedule of Disaggregation of Revenues During the three and nine months ended September 30, 2023 and 2022, the Company recorded product sales, net, as follows:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

(In thousands)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

VIVITROL

 

$

99,305

 

 

$

96,534

 

 

$

298,035

 

 

$

277,493

 

ARISTADA and ARISTADA INITIO

 

 

81,834

 

 

 

75,719

 

 

 

244,320

 

 

 

222,826

 

LYBALVI

 

 

50,683

 

 

 

27,127

 

 

 

135,671

 

 

 

61,116

 

Total product sales, net

 

$

231,822

 

 

$

199,380

 

 

$

678,026

 

 

$

561,435

 

Manufacturing and royalty revenues  
Schedule of Disaggregation of Revenues

During the three and nine months ended September 30, 2023 and 2022, the Company recorded manufacturing and royalty revenues from its collaboration arrangements as follows:

 

 

 

Three Months Ended September 30, 2023

 

 

Nine Months Ended September 30, 2023

 

(In thousands)

 

Manufacturing Revenue

 

 

Royalty Revenue

 

 

Total

 

 

Manufacturing Revenue

 

 

Royalty Revenue

 

 

Total

 

Long-acting INVEGA products(1)

 

$

 

 

$

76,109

 

 

$

76,109

 

 

$

 

 

$

410,910

 

 

$

410,910

 

VUMERITY

 

 

9,733

 

 

 

24,828

 

 

 

34,561

 

 

 

32,751

 

 

 

62,979

 

 

 

95,730

 

RISPERDAL CONSTA

 

 

14,732

 

 

 

151

 

 

 

14,883

 

 

 

30,049

 

 

 

957

 

 

 

31,006

 

Other

 

 

16,157

 

 

 

7,403

 

 

 

23,560

 

 

 

48,160

 

 

 

22,082

 

 

 

70,242

 

 

$

40,622

 

 

$

108,491

 

 

$

149,113

 

 

$

110,960

 

 

$

496,928

 

 

$

607,888

 

 

 

 

 

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

 

 

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