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Revenue from Contracts with Customers (Tables)
6 Months Ended
Jun. 30, 2023
Schedule of Contract Assets and Contract Liabilities

Total contract assets at June 30, 2023 were as follows:

 

(In thousands)

 

Contract Assets

 

Contract assets at December 31, 2022

 

$

8,929

 

Additions

 

 

10,115

 

Transferred to receivables, net

 

 

(19,044

)

Contract assets at June 30, 2023

 

$

 

Total contract liabilities at June 30, 2023 were as follows:

 

(In thousands)

 

Contract Liabilities

 

Contract liabilities at December 31, 2022

 

$

10,701

 

Additions

 

 

(932

)

Amounts recognized into revenue

 

 

(4,101

)

Contract liabilities at June 30, 2023

 

$

5,668

 

Product sales, net  
Schedule of Disaggregation of Revenues During the three and six months ended June 30, 2023 and 2022, the Company recorded product sales, net, as follows:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(In thousands)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

VIVITROL

 

$

102,071

 

 

$

96,105

 

 

$

198,730

 

 

$

180,959

 

ARISTADA and ARISTADA INITIO

 

 

82,409

 

 

 

74,622

 

 

 

162,486

 

 

 

147,107

 

LYBALVI

 

 

46,997

 

 

 

20,060

 

 

 

84,988

 

 

 

33,989

 

Total product sales, net

 

$

231,477

 

 

$

190,787

 

 

$

446,204

 

 

$

362,055

 

Manufacturing and royalty revenues  
Schedule of Disaggregation of Revenues

During the three and six months ended June 30, 2023 and 2022, the Company recorded manufacturing and royalty revenues from its collaboration arrangements as follows:

 

 

 

Three Months Ended June 30, 2023

 

 

Six Months Ended June 30, 2023

 

(In thousands)

 

Manufacturing Revenue

 

 

Royalty Revenue

 

 

Total

 

 

Manufacturing Revenue

 

 

Royalty Revenue

 

 

Total

 

Long-acting INVEGA products(1)

 

$

 

 

$

321,239

 

 

$

321,239

 

 

$

 

 

$

334,801

 

 

$

334,801

 

VUMERITY

 

 

10,369

 

 

 

21,926

 

 

 

32,295

 

 

 

23,018

 

 

 

38,151

 

 

 

61,169

 

RISPERDAL CONSTA

 

 

4,901

 

 

 

240

 

 

 

5,141

 

 

 

15,317

 

 

 

806

 

 

 

16,123

 

Other

 

 

16,628

 

 

 

10,610

 

 

 

27,238

 

 

 

32,003

 

 

 

14,679

 

 

 

46,682

 

 

$

31,898

 

 

$

354,015

 

 

$

385,913

 

 

$

70,338

 

 

$

388,437

 

 

$

458,775

 

 

 

 

Three Months Ended June 30, 2022

 

 

Six Months Ended June 30, 2022

 

(In thousands)

 

Manufacturing Revenue

 

 

Royalty Revenue

 

 

Total

 

 

Manufacturing Revenue

 

 

Royalty Revenue

 

 

Total

 

Long-acting INVEGA products(1)

 

$

 

 

$

26,648

 

 

$

26,648

 

 

$

 

 

$

63,702

 

 

$

63,702

 

VUMERITY

 

 

5,650

 

 

 

20,520

 

 

 

26,170

 

 

 

17,045

 

 

 

39,720

 

 

 

56,765

 

RISPERDAL CONSTA

 

 

8,571

 

 

 

1,820

 

 

 

10,391

 

 

 

24,149

 

 

 

3,668

 

 

 

27,817

 

Other

 

 

11,353

 

 

 

10,764

 

 

 

22,117

 

 

 

23,207

 

 

 

19,005

 

 

 

42,212

 

 

$

25,574

 

 

$

59,752

 

 

$

85,326

 

 

$

64,401

 

 

$

126,095

 

 

$

190,496

 

 

 

(1)
“Long-acting INVEGA products”: INVEGA SUSTENNA/XEPLION (paliperidone palmitate), INVEGA TRINZA/TREVICTA (paliperidone palmitate) and INVEGA HAFYERA/BYANNLI (paliperidone palmitate)