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Revenue (Tables)
9 Months Ended
Sep. 30, 2025
Revenue  
Schedule of Net product revenue in United States, and Company's net revenue

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

(in thousands)

    

2025

2024

2025

    

2024

LOQTORZI

$

11,169

$

5,832

$

28,476

$

11,609

Other revenue

 

402

 

220

 

948

 

7,047

Total net revenue

$

11,571

$

6,052

$

29,424

$

18,656

Schedule of Gross Revenues by Significant Customer as a Percentage of Total Gross Revenues

    

Three Months Ended

Nine Months Ended

 

September 30, 

September 30, 

2025

 

2024

2025

 

2024

 

McKesson Corporation

 

44

%

48

%

44

%

43

%

Cencora (previously known as AmeriSource-Bergen Corporation)

 

31

%

40

%

35

%

42

%

Cardinal Health, Inc.

 

23

%

12

%

19

%

14

%

Schedule of Activities and Ending Reserve Balances for Each Significant Category of Discounts and Allowances

Nine Months Ended September 30, 2025

    

Chargebacks

    

    

Other Fees,

    

and Discounts

Co-pay

for Prompt

Assistance

(in thousands)

Payment

Rebates

and Returns

Total

Balances at December 31, 2024

$

110,778

$

123,738

$

41,129

$

275,645

Provision related to sales made in:

Current year

194,158

45,607

31,837

271,602

Prior years - increase (decrease)

(3,439)

(8,908)

(1,530)

(13,877)

Payments and customer credits issued

 

(298,681)

(106,627)

(58,236)

(463,544)

Balances at September 30, 2025

$

2,816

$

53,810

$

13,200

$

69,826

Nine Months Ended September 30, 2024

    

Chargebacks

    

    

Other Fees,

    

and Discounts

Co-pay

for Prompt

Assistance

(in thousands)

Payment

Rebates

and Returns

Total

Balances at December 31, 2023

$

73,953

$

121,137

$

49,795

$

244,885

Provision related to sales made in:

Current year

 

727,028

150,820

117,299

995,147

Prior years - increase (decrease)

(969)

6,343

(1,010)

4,364

Payments and customer credits issued

 

(747,070)

 

(159,737)

 

(121,332)

 

(1,028,139)

Balances at September 30, 2024

$

52,942

$

118,563

$

44,752

$

216,257