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Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2021
Revenue From Contract With Customer [Abstract]  
Schedule of Company's Revenue for Reportable Segment by Country Based on Locations of Customer

The following represents the Company’s revenue for its reportable segment by country, based on the locations of the customer.

 

 

 

For the Three Months Ended March 31, 2021

 

 

 

(In Thousands)

 

 

 

Oncology

Innovation

Platform

 

 

Global Supply

Chain Platform

 

 

Commercial

Platform

 

 

Consolidated

Total

 

United States

 

$

20,157

 

 

$

5,229

 

 

$

13,259

 

 

$

38,645

 

China

 

 

8

 

 

 

197

 

 

 

 

 

 

205

 

Other foreign countries

 

 

500

 

 

 

1,675

 

 

 

 

 

 

2,175

 

Total revenue

 

$

20,665

 

 

$

7,101

 

 

$

13,259

 

 

$

41,025

 

 

 

 

For the Three Months Ended March 31, 2020

 

 

 

(In Thousands)

 

 

 

Oncology

Innovation

Platform

 

 

Global Supply

Chain Platform

 

 

Commercial

Platform

 

 

Consolidated

Total

 

China

 

$

28,308

 

 

$

205

 

 

$

 

 

$

28,513

 

United States

 

 

 

 

 

1,980

 

 

 

15,542

 

 

 

17,522

 

Other foreign countries

 

 

79

 

 

 

821

 

 

 

 

 

 

900

 

Total revenue

 

$

28,387

 

 

$

3,006

 

 

$

15,542

 

 

$

46,935

 

 

 

Summary of Receivables and Contract Liabilities From Contracts with Customers

The following table provides information about receivables and contract liabilities from contracts with customers. The Company has not recorded any contract assets from contracts with customers.

 

 

 

March 31,

2021

 

 

December 31,

2020

 

 

 

(In Thousands)

 

Accounts receivable, gross

 

$

46,935

 

 

$

45,792

 

Chargebacks and other deductions

 

 

(17,264

)

 

 

(12,552

)

Provision for credit losses

 

 

(9,482

)

 

 

(9,637

)

Accounts receivable, net

 

$

20,189

 

 

$

23,603

 

Deferred revenue

 

 

1,289

 

 

 

1,147

 

Total contract liabilities

 

$

1,289

 

 

$

1,147

 

Summary of Accounts Receivable and Contract Assets Balances by Reportable Segments

The following tables illustrate accounts receivable and contract asset balances by reportable segments.

 

 

 

March 31, 2021

 

 

 

(In Thousands)

 

 

 

Oncology

Innovation

Platform

 

 

Global Supply

Chain Platform

 

 

Commercial

Platform

 

 

Consolidated

Total

 

Accounts receivable, gross

 

$

9,167

 

 

$

3,589

 

 

$

34,179

 

 

$

46,935

 

Chargebacks and other deductions

 

 

 

 

 

 

 

 

(17,264

)

 

 

(17,264

)

Provision for credit losses

 

 

(8,919

)

 

 

(138

)

 

 

(425

)

 

 

(9,482

)

Accounts receivable, net

 

 

248

 

 

 

3,451

 

 

 

16,490

 

 

 

20,189

 

 

 

 

 

December 31, 2020

 

 

 

(In Thousands)

 

 

 

Oncology

Innovation

Platform

 

 

Global Supply

Chain Platform

 

 

Commercial

Platform

 

 

Consolidated

Total

 

Accounts receivable, gross

 

$

10,783

 

 

$

4,074

 

 

$

30,935

 

 

$

45,792

 

Chargebacks and other deductions

 

 

 

 

 

(1

)

 

 

(12,551

)

 

 

(12,552

)

Provision for credit losses

 

 

(8,919

)

 

 

(164

)

 

 

(554

)

 

 

(9,637

)

Accounts receivable, net

 

$

1,864

 

 

$

3,909

 

 

$

17,830

 

 

$

23,603