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Product Revenue Reserves and Allowances (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure Of Product Revenue Reserves And Allowances [Abstract]  
Disaggregation of Revenue

The Company’s product revenues have been primarily from sales of YUTIQ and DEXYCU in the U.S., which it began shipping to its 3PL in February 2019 and March 2019, respectively.

Net product revenues by product for the year ended December 31, 2019 were as follows (in thousands):

 

 

 

Year Ended

 

 

 

December 31, 2019

 

YUTIQ

 

$

12,046

 

DEXYCU

 

 

4,778

 

Total product sales, net

 

$

16,824

 

 

Product Revenue Allowance And Reserves

The following table summarizes activity in each of the product revenue allowance and reserve categories for the year ended December 31, 2019 (in thousands):

 

 

 

Chargebacks,

Discounts

and Fees

 

 

Government

and Other

Rebates

 

 

Returns

 

 

Total

 

Beginning balance at January 1, 2019

 

$

 

 

$

 

 

$

 

 

$

 

Provision related to sales in the current year

 

 

2,301

 

 

 

429

 

 

 

732

 

 

 

3,462

 

Adjustments related to prior period sales

 

 

 

 

 

 

 

 

 

 

 

 

Deductions applied and payments made

 

 

(683

)

 

 

(158

)

 

 

(380

)

 

 

(1,221

)

Ending balance at December 31, 2019

 

$

1,618

 

 

$

271

 

 

$

352

 

 

$

2,241