Quarterly report [Sections 13 or 15(d)]

Revenues from Contracts and Significant Customers

v3.25.3
Revenues from Contracts and Significant Customers
9 Months Ended
Sep. 30, 2025
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: Emrosi, Qbrexza, Amzeeq, Zilxi, Accutane, Exelderm, Targadox, and Luxamend. All of Journey’s product revenues are recorded in the U.S. Other revenue for the three months ended September 30, 2025 consists of $0.6 million recognized by Journey related to the Cutia Agreement (see Note 8). Other revenue for the nine months ended September

30, 2025, in addition to the Cutia Agreement revenue of $0.6 million, includes $1.4 million recognized by Avenue related to the AnnJi license termination and program transfer (see Note 8).

The table below summarizes the Company’s net revenue for the periods presented:

Three months ended September 30, 

Nine Months Ended September 30, 

($ in thousands)

    

2025

    

2024

    

2025

    

2024

Emrosi

$

4,883

$

$

9,748

$

Qbrexza

7,361

7,583

19,470

19,435

Accutane

2,769

3,996

9,818

15,534

Vyne acquisition products (Amzeeq & Zilxi)

1,311

2,100

3,973

4,703

Other / legacy product revenue

701

950

2,164

2,842

Revenue – related party

 

 

 

 

41

Other revenue

606

2,010

 

Total net revenue

$

17,631

$

14,629

$

47,183

$

42,555

Significant Customers

For the three and nine month periods ending September 30, 2025 and 2024, none of Journey’s dermatology products customers accounted for more than 10% of its total gross product revenue.  

At September 30, 2025, none of Journey’s dermatology products customers accounted for more than 10% of its total accounts receivable balance. At December 31, 2024, one of the Company’s dermatology products customers accounted for more than 10% of its total accounts receivable balance at 10.3%.