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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 405 $ 186
Accounts receivable, net 16,392 15,405
Inventories 3,878 3,939
Other current assets 2,585 2,535
Total current assets 23,260 22,065
Medical equipment for sale or rental 1,987 1,742
Medical equipment in rental service, net of accumulated depreciation 39,113 39,871
Property & equipment, net of accumulated depreciation 4,375 4,523
Goodwill 3,710 3,710
Intangible assets, net 10,219 10,930
Operating lease right of use assets 3,916 4,241
Deferred income taxes 10,277 10,033
Other assets 1,380 471
Total assets 98,237 97,586
Current liabilities:    
Accounts payable 8,242 7,862
Current portion of long-term debt 156 349
Other current liabilities 5,543 4,685
Total current liabilities 13,941 12,896
Long-term debt, net of current portion 34,792 32,748
Operating lease liabilities, net of current portion 3,451 3,670
Total liabilities 52,184 49,314
Stockholders’ equity:    
Preferred stock, $0.0001 par value: authorized 1,000,000 shares; none issued 0 0
Common stock, $0.0001 par value: 200,000,000 shares authorized; 20,540,143 shares issued and outstanding as of March 31, 2022 and 20,699,546 shares issued and outstanding as of December 31, 2021 2 2
Additional paid-in capital 103,373 101,905
Accumulated other comprehensive income 955 268
Retained deficit (58,277) (53,903)
Total stockholders’ equity 46,053 48,272
Total liabilities and stockholders’ equity $ 98,237 $ 97,586

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