Annual report [Section 13 and 15(d), not S-K Item 405]

Revenues from Contracts and Significant Customers

v3.26.1
Revenues from Contracts and Significant Customers
12 Months Ended
Dec. 31, 2025
Revenues from Contracts and Significant Customers  
Revenues from Contracts and Significant Customers

19. Revenues from Contracts and Significant Customers

Disaggregation of Total Revenues

All of Journey’s product revenues are recorded in the U.S. The Company’s collaboration revenue for the year ended December 31, 2024 is from Cyprium’s agreement with Sentynl (see Note 3). The Company’s revenue - related party for the year ended December 31, 2024 was from Checkpoint’s collaborations with TGTX.

The table below summarizes the Company’s revenue for the years ended December 31, 2025 and 2024:

Year Ended December 31, 

($ in thousands)

  ​ ​ ​

2025

  ​ ​ ​

2024

Emrosi

$

14,745

$

Qbrexza

25,014

25,114

Accutane

12,882

19,407

Foam franchise products (Amzeeq & Zilxi)

5,859

6,652

Other / legacy product revenue

2,739

3,961

Collaboration revenue

1,500

Revenue – related party

 

 

41

Other revenue

2,023

 

1,000

Total net revenue

$

63,262

$

57,675

Other revenue for the year ended December 31, 2025, consists of $0.6 million recognized by Journey related to the Cutia Agreement (see Note 7) and $1.4 million recognized by Avenue related to the AnnJi license termination and program transfer (see Note 7). Other revenue for the year ended December 31, 2024, reflects a $1.0 million milestone payment from Cutia triggered by the marketing approval Cutia received in the fourth quarter of 2024 for topical 4% minocycline foam in China (see Note 7).

Significant Customers

For the years ended December 31, 2025 and 2024, none of Journey’s Dermatology Products customers individually accounted for more than 10.0% of its total gross product revenue.

For the year ended December 31, 2025, none of Journey’s Dermatology Products customers accounted for more than 10% of its total accounts receivable balance.  For the year ended December 31, 2024, one of Journey’s Dermatology Products customers accounted for more than 10% of its total accounts receivable balance at 10.3%.