Company: WHWK
Filing Date: 2025-01-31
Form Type: DEFM14A
Source: 0001193125-25-018470
Chunk: 520

Company: Whitehawk Therapeutics, Inc.
Filing Date: 2025-01-31
Form: DEFM14A
Chunk 520
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 does not allow product returns for product that has been dispensed to a patient. As the Company receives inventory reports from the SDs and SP and has the ability to control the amount of product that is sold to the SDs and SP the Company’s estimate of future potential product returns is based on the on-handchannel inventory data and sell-through data obtained from the SDs and SP. In arriving at its estimate, the Company also considers historical product returns, the underlying product demand, and industry data specific to the specialty pharmaceutical distribution industry. The total amount deducted from gross product sales for the allowances described above for the three months ended September 30, 2024, and 2023, was $1.7 million and $1.3 million, respectively, and for the nine months ended September 30, 2024 and 2023 was $4.7 million and $3.4 million, respectively. The following table sets forth the changes in the accrued revenue allowances (in thousands):

|                                    |     | 2024 | Three Months Ended 
      September 30, |   |     | 2023 |       |   |     | 2024 | Nine Months Ended 
     September 30, |   |     | 2023 |        |   |
|:-----------------------------------|:----|:-----|-------------------:|:--|:----|:-----|------:|:--|:----|:-----|------------------:|:--|:----|:-----|-------:|:--|
| Balance at beginning of period     |     | $    |              1,289 |   |     | $    | 1,927 |   |     | $    |             1,065 |   |     | $    |  1,434 |   |
| Provision for current period sales |     |      |              1,710 |   |     |      | 1,269 |   |     |      |             4,695 |   |     |      |  3,399 |   |
| Payments                           |     |      |             (1,894 | ) |     |      |  (550 | ) |     |      |            (4,655 | ) |     |      | (2,187 | ) |
| Balance at end of period           |     | $    |              1,105 |   |     | $    | 2,646 |   |     |