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Business Segment, Geographic, and Concentration Risk Information (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Summary of Revenue by Segments

Segment information is as follows (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

Total revenue:

 

 

 

 

 

 

Oncology Innovation Platform

 

$

14,844

 

 

$

28,377

 

Commercial Platform

 

 

87,977

 

 

 

66,992

 

Total consolidated revenue

 

$

102,821

 

 

$

95,369

 

Summary of Revenue by Product Group

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

Total revenue by product group:

 

 

 

 

 

 

Commercial product sales

 

$

87,977

 

 

$

66,993

 

License fees

 

 

11,910

 

 

 

26,832

 

Contract manufacturing revenue

 

 

2,906

 

 

 

1,512

 

Other revenue

 

 

28

 

 

 

32

 

Total consolidated revenue

 

$

102,821

 

 

$

95,369

 

Summary of Segment Information

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

Net loss attributable to Athenex, Inc.:

 

 

 

 

 

 

Oncology Innovation Platform

 

$

(96,670

)

 

$

(122,704

)

Commercial Platform

 

 

(1,309

)

 

 

(35,382

)

Segment total

 

 

(97,979

)

 

 

(158,086

)

Discontinued operations

 

 

(5,448

)

 

 

(41,682

)

Total consolidated net loss attributable to Athenex, Inc.

 

$

(103,427

)

 

$

(199,768

)

Summary of Depreciation, Amortization and Assets by Segment

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

Total depreciation and amortization

 

 

 

 

 

 

Oncology Innovation Platform

 

$

1,064

 

 

$

1,317

 

Commercial Platform

 

 

1,258

 

 

 

1,821

 

Segment total

 

 

2,322

 

 

 

3,138

 

Discontinued operations

 

 

2,146

 

 

 

1,865

 

Total depreciation and amortization

 

$

4,468

 

 

$

5,003

 

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Total assets:

 

 

 

 

 

 

Oncology Innovation Platform

 

$

120,206

 

 

$

141,808

 

Commercial Platform

 

 

76,541

 

 

 

53,112

 

Segment total

 

 

196,747

 

 

 

194,920

 

Discontinued operations

 

 

7,308

 

 

 

72,528

 

Total assets

 

$

204,055

 

 

$

267,448

 

 

Summary of Revenue by Geographical Segment

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

Total revenue

 

 

 

 

 

 

United States

 

$

96,076

 

 

$

89,198

 

Spain

 

 

4,735

 

 

 

5,289

 

Other foreign countries

 

 

2,010

 

 

 

882

 

Total consolidated revenue

 

$

102,821

 

 

$

95,369

 

Summary of Customer Revenue and Accounts Receivable Concentration

Customer revenue and accounts receivable concentration amounted to the following for the identified periods:

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

Percentage of total revenue by customer:

 

 

 

 

 

 

Customer A

 

 

23

%

 

 

20

%

Customer B

 

 

20

%

 

 

22

%

Customer C

 

 

20

%

 

 

20

%

Customer D

 

 

10

%

 

 

29

%

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Percentage of total accounts receivable by customer:

 

 

 

 

 

 

Customer A

 

 

34

%

 

 

34

%

Customer B

 

 

23

%

 

 

41

%

Customer C

 

 

13

%

 

 

3

%