Quarterly report pursuant to Section 13 or 15(d)

Revenues from Contracts and Significant Customers

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Revenues from Contracts and Significant Customers
6 Months Ended
Jun. 30, 2021
Revenues from Contracts and Significant Customers  
Revenues from Contracts and Significant Customers

19. Revenues from Contracts and Significant Customers

Disaggregation of Total Revenue

Product revenue is comprised of Journey’s seven marketed products: Targadox®, Luxamend®, Ceracade®, Exelderm®, Ximino®, Accutane® and Qbrexza®. Substantially all of the product revenue is recorded in the U.S. The Company’s collaboration revenue is from Cyprium’s agreement with Sentynl (see Note 3). The Company’s related party revenue is from Checkpoint’s collaborations with TGTX. The table below summarizes the Company’s revenue for the three and six months ending June 30, 2021 and 2020:

Three months ended June 30, 

Six Months Ended June 30, 

    

2021

    

2020

    

2021

    

2020

Revenue

Product revenue, net

$

15,288

$

9,415

$

26,007

$

21,361

Collaboration revenue

2,400

3,200

Revenue – related party

 

155

 

42

 

223

 

1,014

Net revenue

$

17,843

$

9,457

$

29,430

$

22,375

Significant Customers

For both the three and six months ended June 30, 2021, none of the Company’s dermatology products customers accounted for more than 10% of its total gross product revenue.  

For both the three and six months ended June 30, 2020, none of the Company’s dermatology products customers accounted for more than 10% of its total gross product revenue.  

At June 30, 2021, one of the Company’s dermatology products customers accounted for more than 10% of its total accounts receivable balance at 13.7%. At December 31, 2020, one of the Company’s dermatology products customers accounted for more than 10% of its total accounts balance at 12%.