Revenue (Tables)

3 Months Ended

Mar. 31, 2020

Revenue and Trade Receivables

Schedule of co-pay assistance program

The following table summarizes activity in each of the Company’s product revenue provision and allowance categories for the three months ended March 31, 2020:

	Trade Discounts,
	Allowances and				Rebates and
	Chargebacks (1)		Product Returns (2)		Incentives (3)
Balance at December 31, 2019	$	1,783	$	180		10,044
Provision related to current period sales		725		—		4,576
Changes in estimate related to prior period sales		2		(66)		93
Credit/payments made		(1,114)		—		(8,090)
Balance at March 31, 2020	$	1,396	$	114	$	6,623

(1) Trade allowances and chargebacks include fees for distribution service fees, prompt pay discounts, and chargebacks. Trade allowances and chargebacks are deducted from gross revenue at the time revenues are recognized and are recorded as a reduction to accounts receivable in the Company’s Consolidated Balance Sheets.

(2) Provisions for product returns are deducted from gross revenues at the time revenues are recognized and are included in accrued expenses and other current liabilities in the Company’s Consolidated Balance Sheets.

(3) Rebates and incentives includes managed care rebates, government rebates, co-pay program incentives, and sales incentives and allowances. Provisions for rebates and discounts are deducted from gross revenues at the time revenues are recognized and are included in accrued expenses and other current liabilities in the Company’s Consolidated Balance Sheets.