Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Current Period Unaudited)

v3.19.3
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 3,157 $ 4,318
Accounts receivable, net 11,462 9,593
Inventories 2,768 2,254
Other current assets 1,605 1,372
Total current assets 18,992 17,537
Medical equipment for sale or rental 2,051 1,601
Medical equipment in rental service, net of accumulated depreciation 32,269 23,488
Property & equipment, net of accumulated depreciation 2,845 1,445
Intangible assets, net 16,539 19,865
Operating lease right of use assets 5,004
Other assets 195 137
Total assets 77,895 64,073
Current liabilities:    
Accounts payable 10,669 7,091
Current portion of long-term debt 7,009 4,903
Other current liabilities 4,136 2,796
Total current liabilities 21,814 14,790
Long-term debt, net of current portion 30,342 28,842
Deferred income taxes 76
Operating lease liabilities, net of current portion 3,944
Total liabilities 56,176 43,632
Stockholders’ equity:    
Preferred stock, $.0001 par value: authorized 1,000,000 shares; none issued
Common stock, $.0001 par value: authorized 200,000,000 shares; issued and outstanding 23,356,308 and 19,837,819, respectively, as of September 30, 2019 and 23,095,513 and 19,577,024, respectively, as of December 31, 2018 2 2
Additional paid-in capital 83,889 83,167
Retained deficit (62,172) (62,728)
Total stockholders’ equity 21,719 20,441
Total liabilities and stockholders’ equity $ 77,895 $ 64,073