Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.3.0.814
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 989 $ 515
Accounts receivable, less allowance for doubtful accounts of $4,938 and $4,739 at September 30, 2015 and December 31, 2014, respectively 13,584 10,300
Inventory 1,907 1,758
Other current assets 824 633
Deferred income taxes 2,252 2,252
Total Current Assets 19,556 15,458
Medical Equipment held for sale or rental 2,032 2,255
Medical equipment in rental service, net of accumulated depreciation 24,831 19,814
Property & equipment, net of accumulated depreciation 2,321 2,451
Deferred debt issuance costs, net 142 1,194
Goodwill 1,000  
Intangible assets, net 30,726 25,073
Deferred income taxes 12,944 13,756
Other assets 225 212
Total Assets 93,777 80,213
Current Liabilities:    
Accounts payable 5,526 5,215
Current portion of long-term debt 5,266 6,452
Other current liabilities 4,018 3,062
Total Current Liabilities 14,810 14,729
Long-term debt, net of current portion 29,969 19,032
Total Liabilities $ 44,779 $ 33,761
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 22,665,069 and 22,467,409, respectively, as of September 30, 2015 and 22,506,421 and 22,308,730, respectively, as of December 31, 2014 $ 2 $ 2
Additional paid-in capital 90,964 90,155
Retained deficit (41,968) (43,705)
Total Stockholders' Equity 48,998 46,452
Total Liabilities and Stockholders' Equity $ 93,777 $ 80,213