Annual report pursuant to Section 13 and 15(d)

Revenues from Contracts and Significant Customers

v3.22.1
Revenues from Contracts and Significant Customers
12 Months Ended
Dec. 31, 2021
Revenues from Contracts and Significant Customers  
Revenues from Contracts and Significant Customers

20. Revenues from Contracts and Significant Customers

Disaggregation of Total Revenues

Journey has the following actively marketed products, Qbrexza®, Accutane®, Targadox®, Ximino®, Exelderm®, and Luxamend®. 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 17).

The table below summarizes the Company’s revenue for the years ended December 31, 2021 and 2020:

Year Ended December 31, 

    

2021

    

2020

Revenue

Targadox®

$

22,378

$

30,708

Ximino®

8,247

9,518

Exelderm®

5,363

4,453

Accutane®

10,053

Qbrexza®

17,056

Other branded revenue

37

(148)

Collaboration revenue

5,389

Revenue – related party

 

268

 

1,068

Net revenue

$

68,791

$

45,599

Significant Customers

For the years ended December 31, 2021, none of the Company’s Dermatology Products customers accounted for more than 10.0% of its total gross product revenue.

At December 31, 2021, two of Journey’s customers accounted for more than 10% of its total accounts receivable balance at 16.3% and 12.9%.  As of December 31, 2020, one of the Company’s Dermatology Products customers accounted for 12% of its total accounts receivable balance.