Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.6.0.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 805 $ 818
Accounts receivable, less allowance for doubtful accounts of $4,485 and $4,737 at June 30, 2016 and December 31, 2015, respectively 13,675 12,622
Inventory 2,096 1,916
Other current assets 1,207 861
Deferred income taxes 2,743 2,743
Total Current Assets 20,526 18,960
Medical equipment held for sale or rental 1,524 2,277
Medical equipment in rental service, net of accumulated depreciation 29,805 27,837
Property & equipment, net of accumulated depreciation 2,236 2,370
Intangible assets, net 31,855 31,534
Deferred income taxes 12,116 12,128
Other assets 222 251
Total Assets 98,284 95,357
Current Liabilities:    
Accounts payable 5,346 6,586
Current portion of long-term debt 5,939 5,060
Other current liabilities 2,560 3,641
Total Current Liabilities 13,845 15,287
Long-term debt, net of current portion 33,482 29,750
Total Liabilities 47,327 45,037
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 22,821,647 and 22,623,987, respectively, as of June 30, 2016 and 22,739,550 and 22,541,890, respectively, as of December 31, 2015 2 2
Additional paid-in capital 91,681 91,238
Retained deficit (40,726) (40,920)
Total Stockholders' Equity 50,957 50,320
Total Liabilities and Stockholders' Equity $ 98,284 $ 95,357