Annual report pursuant to section 13 and 15(d)

Consolidated Balance Sheets

v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current Assets:    
Cash and cash equivalents $ 1,138 $ 2,326
Accounts receivable, less allowance for doubtful accounts of $4,774 and $3,136 at December 31, 2013 and December 31, 2012, respectively 10,697 8,511
Inventories 1,234 1,339
Other current assets 518 684
Deferred income taxes 2,296 1,971
Total Current Assets 15,883 14,831
Medical equipment held for sale or rental 3,664 2,626
Medical equipment in rental service, net of accumulated depreciation 14,438 13,071
Property & equipment, net of accumulated depreciation 872 867
Deferred debt issuance costs, net 1,817 2,362
Intangible assets, net 24,182 25,541
Deferred income taxes 16,300 17,806
Other assets 217 419
Total Assets 77,373 77,523
Current Liabilities:    
Accounts payable 4,736 2,135
Accounts payable - related party    9
Current portion of long-term debt 5,118 3,953
Other current liabilities 3,187 4,098
Total Current Liabilities 13,041 10,195
Long-term debt, net of current portion 21,609 27,315
Total Liabilities 34,650 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 22,158,041 and 21,960,351, as of December 31, 2013 and issued and outstanding 21,990,000 and 21,802,515, as of December 31, 2012, respectively. 2 2
Additional paid-in capital 89,783 88,742
Accumulated other comprehensive loss      
Retained deficit (47,062) (48,731)
Total Stockholders' Equity 42,723 40,013
Total Liabilities and Stockholders' Equity $ 77,373 $ 77,523