Quarterly report pursuant to Section 13 or 15(d)

Revenues from Contracts and Significant Customers

v3.23.2
Revenues from Contracts and Significant Customers
6 Months Ended
Jun. 30, 2023
Revenues from Contracts and Significant Customers  
Revenues from Contracts and Significant Customers

17. Revenues from Contracts and Significant Customers

Disaggregation of Total Revenue

Journey has the following actively marketed products, Qbrexza, Accutane, Targadox, Ximino, Exelderm, Amzeeq and Zilxi. All of Journey’s product revenues are 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 (see Note 15). Other revenue consists of Journey’s royalty revenue related to Qbrexza, and for the six-month period ended June 30, 2022, a net $2.5 million milestone payment. 

The table below summarizes the Company’s revenue for the three and six months ending June 30, 2023 and 2022:

Three months ended June 30, 

Six Months Ended June 30, 

    

2023

    

2022

    

2023

    

2022

Revenue

Qbrexza

$

8,079

$

6,111

$

12,173

$

13,487

Accutane

5,579

5,200

10,227

10,107

Amzeeq

1,374

1,265

2,568

4,731

Targadox

664

2,756

1,457

5,390

Ximino

155

1,035

766

2,002

Zilxi

572

555

886

1,297

Exelderm

538

1,313

1,049

2,017

Collaboration revenue

183

577

364

1,154

Revenue – related party

 

31

 

18

 

66

 

70

Other revenue

211

56

259

 

2,556

Net revenue

$

17,386

$

18,886

$

29,815

$

42,811

The above table includes the authorized generic product within the line items for Targadox, Ximino and Exelderm.

Significant Customers

For the three and six-month periods ending June 30, 2023, none of Journey’s dermatology products customers accounted for more than 10% of its total gross product revenue.  

At June 30, 2023, two of Journey’s dermatology products customers accounted for more than 10% of its total accounts receivable balance at 22.0% and 17.3%. At December 31, 2022, two of the Company’s dermatology products customers accounted for more than 10% of its total accounts receivable balance at 16.7% and 10.4%.