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Revenues from Contracts with Customers
12 Months Ended
Jun. 30, 2021
Revenue from Contract with Customer  
Revenue from Contract with Customer

3. Revenues from Contracts with Customers

Contract Balances: Contract assets primarily relate to the Company’s right to consideration in exchange for products transferred to a customer in which that right to consideration is dependent upon the customer selling these products. As of June 30, 2021, contract assets of $21,000 was included in other current assets in the consolidated balance sheet. There was no contract asset as of June 30, 2020. Contract liabilities primarily relate to advances or deposits received from the Company's customers before revenue is recognized. As of June 30, 2021 and 2020, contract liabilities of $0.2 million and $0.3 million, respectively, were included in accrued liabilities in the consolidated balance sheets.

Revenues by Product Portfolio: Net revenue disaggregated by significant product portfolio for the years ended June 30, 2021 and 2020 were as follows.

Year Ended June 30, 

    

June 30, 2021

    

June 30, 2020

(In thousands)

Primary care and devices portfolio

 

$

8,250

 

$

7,957

Pediatric portfolio

24,428

9,292

Consumer Health portfolio

32,954

10,383

Consolidated revenue

 

$

65,632

 

$

27,632

Revenues by Geographic location. The following table reflects our product revenues by geographic location as determined by the billing address of our customers:

Year Ended June 30, 

    

2021

    

2020

(In thousands)

U.S.

$

60,687

$

24,980

International

 

4,945

 

2,652

Total net revenue

$

65,632

$

27,632