Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.7.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 194 $ 3,398
Accounts receivable, less allowance for doubtful accounts of $5,928 and $4,989 at March 31, 2017 and December 31, 2016, respectively 12,079 11,581
Inventory 2,135 2,166
Other current assets 1,304 949
Deferred income taxes 0 2,675
Total Current Assets 15,712 20,769
Medical equipment held for sale or rental 1,371 1,642
Medical equipment in rental service, net of accumulated depreciation 26,896 28,036
Property & equipment, net of accumulated depreciation 1,914 1,997
Intangible assets, net 29,633 31,239
Deferred income taxes 16,196 12,436
Other assets 171 225
Total Assets 91,893 96,344
Current Liabilities:    
Accounts payable 4,902 5,315
Capital Leases 2,715 2,938
Current portion of long-term debt 30,369 5,314
Other current liabilities 2,127 2,872
Total Current Liabilities 40,113 16,439
Long-term debt, net of current portion   26,577
Capital Leases 2,122 2,573
Other long-term liabilities 24 66
Total Long-Term Liabilities 2,146 29,216
Total Liabilities 42,259 45,655
Stockholders' Equity:    
Preferred stock, $.0001 par value: authorized 1,000,000 shares; none issued 0  
Common stock, $.0001 par value: authorized 200,000,000 shares; issued and outstanding 22,885,824 and 22,688,164, respectively, as of March 31, 2017 and 22,867,335 and 22,669,675, respectively, as of December 31, 2016 2 2
Additional paid-in capital 92,036 91,829
Retained deficit (42,404) (41,142)
Total Stockholders' Equity 49,634 50,689
Total Liabilities and Stockholders' Equity $ 91,893 $ 96,344