Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.8.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 803 $ 3,398
Accounts receivable, less allowance for doubtful accounts of $6,847 and $4,989 at September 30, 2017 and December 31, 2016, respectively 10,971 11,581
Inventory 1,873 2,166
Other current assets 1,121 949
Deferred income taxes   2,675
Total Current Assets 14,768 20,769
Medical equipment held for sale or rental 1,200 1,642
Medical equipment in rental service, net of accumulated depreciation 24,301 28,036
Property & equipment, net of accumulated depreciation 1,711 1,997
Intangible assets, net 26,951 31,239
Deferred income taxes 16,334 12,436
Other assets 70 225
Total Assets 85,335 96,344
Current Liabilities:    
Accounts payable 4,093 5,315
Capital leases 584 2,938
Current portion of long-term debt 2,849 5,314
Other current liabilities 2,427 2,872
Total Current Liabilities 9,953 16,439
Long-term debt, net of current portion 26,535 26,577
Capital leases 101 2,573
Other long-term liabilities   66
Total Long-Term Liabilities 26,636 29,216
Total Liabilities 36,589 45,655
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 22,978,398 and 22,780,738, respectively, as of September 30, 2017 and 22,867,335 and 22,669,675, respectively, as of December 31, 2016 2 2
Additional paid-in capital 92,383 91,829
Retained deficit (43,639) (41,142)
Total Stockholders' Equity 48,746 50,689
Total Liabilities and Stockholders' Equity $ 85,335 $ 96,344