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Revenue Components (Tables)
12 Months Ended
Mar. 31, 2022
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following table provides information about the Company’s revenues (in thousands):
Year Ended March 31,
202220212020
Revenues:
Product revenue, net:
ORGOVYX$82,959 $3,630 $— 
MYFEMBREE6,355 — — 
Richter product supply and royalties4,995 — — 
Total product revenue, net94,309 3,630 — 
Pfizer collaboration revenue:
Amortization of upfront payment83,897 22,354 — 
Amortization of regulatory milestone21,099 — — 
Total Pfizer collaboration revenue104,996 22,354 — 
Richter license and milestone revenue31,667 33,333 — 
Total revenues$230,972 $59,317 $— 
Revenue from External Customers by Geographic Areas
Product revenue, net by geography consisted of the following (in thousands):
Year Ended March 31,
202220212020
United States$89,314 $3,630 $— 
Europe4,995 — — 
Total product revenue, net$94,309 $3,630 $— 
Summary Of Categories Of Discounts And Allowances
The activities and ending balances for each significant category of discounts and allowances (which constitutes variable consideration) for the years ended March 31, 2022 and 2021 were as follows (in thousands):
Reserve -government and other incentivesChargebacks and administrative feesReturnsSales DiscountsTotal
Balance as of March 31, 2020
$— $— $— $— $— 
Provision related to sales in the current year1,351 363 109 109 1,932 
Credits and payments made during the current year(508)— — (30)(538)
Balance as of March 31, 2021
843 363 109 79 1,394 
Provision related to sales in the current year38,910 13,384 2,919 2,377 57,590 
Adjustments related to prior year sales(305)(124)— — (429)
Credits and payments made during the current year(25,714)(10,995)— (1,970)(38,679)
Balance as of March 31, 2022
$13,734 $2,628 $3,028 $486 $19,876 
The total reserves described above are summarized as components of the Company’s consolidated balance sheets as follows (in thousands):
March 31,
20222021
Reduction of accounts receivable, net$486 $79 
Component of accrued expenses and other current liabilities19,390 1,315 
Total revenue-related reserves$19,876 $1,394