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Product Revenue, Net (Tables)
12 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
Disaggregated Product Revenue

The following table presents the Company's net revenue by product (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

Libmeldy

 

$

18,796

 

 

$

 

Strimvelis

 

 

1,814

 

 

 

700

 

Total

 

$

20,610

 

 

$

700

 

Summary of Net Product Revenue of Libmeldy by Geography

Net product revenue of Libmeldy by geography consisted of the following and is attributable to individual countries based on the location of the customer as of December 31, 2022 (in thousands):

 

 

 

Year ended
December 31, 2022

 

United Kingdom

 

$

6,322

 

Italy

 

 

5,544

 

France

 

 

3,883

 

Germany

 

 

3,047

 

Total Libmeldy revenue, net

 

$

18,796

 

Summary of Activity of Product Revenue Allowance and Reserve Categories

Activity in each of the product revenue allowance and reserve categories for Libmeldy is summarized as follows (in thousands):

 

 

Trade Discounts and Allowances

 

 

Government rebates

 

 

Total

 

Balance as of December 31, 2021

 

$

 

 

$

 

 

$

 

Provision Related to sales in the current year

 

 

4,573

 

 

 

2,300

 

 

 

6,873

 

Credits and payments made during the period

 

 

(183

)

 

 

 

 

 

(183

)

Balance as of December 31, 2022

 

$

4,390

 

 

$

2,300

 

 

$

6,690

 

Summary as Components of Balance Sheets

The total reserves described above are summarized as components of the Company's consolidated balance sheets as follows (in thousands):

 

 

 

December 31, 2022

 

Reduction of accounts receivable, net

 

$

4,390

 

Component of accrued expenses and other current liabilities

 

 

2,300

 

Balance as of December 31, 2022

 

$

6,690