Quarterly report pursuant to sections 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Current Assets:    
Cash and cash equivalents $ 472 $ 2,326
Accounts receivable, less allowance for doubtful accounts of $3,601 and $3,136 at March 31, 2013 and December 31, 2012, respectively 9,570 8,511
Inventory 1,378 1,339
Other current assets 832 684
Deferred income taxes 1,986 1,971
Total Current Assets 14,238 14,831
Medical equipment held for sale or rental 2,582 2,626
Medical equipment in rental service, net of accumulated depreciation 13,223 13,071
Property & equipment, net of accumulated depreciation 848 867
Deferred debt issuance costs, net 2,232 2,362
Intangible assets, net 24,871 25,541
Deferred income taxes 17,755 17,806
Other assets 477 419
Total Assets 76,226 77,523
Current Liabilities:    
Accounts payable 3,056 2,135
Accounts payable - related party   9
Current portion of long-term debt 3,872 3,953
Other current liabilities 4,182 4,098
Total Current Liabilities 11,110 10,195
Long-term debt, net of current portion 24,594 27,315
Total Liabilities 35,704 37,510
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 21,990,000 and 21,802,515, as of March 31, 2013 and December 31, 2012, respectively 2 2
Additional paid-in capital 89,200 88,742
Retained deficit (48,680) (48,731)
Total Stockholders' Equity 40,522 40,013
Total Liabilities and Stockholders' Equity $ 76,226 $ 77,523