Annual report pursuant to Section 13 and 15(d)

Note 4 - Medical Equipment

v3.20.1
Note 4 - Medical Equipment
 12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Medical Equipment and Property Disclosure [Text Block]
4
.
Medical Equipment
 
Medical equipment consisted of the following as of
December 
31
(in thousands):
 
   
2019
    
2018
  
Medical Equipment for sale or rental
   $
1,334
     $
1,601
  
Medical Equipment for sale or rental - pump reserve
    
(28
 )    
-
  
Medical Equipment for sale or rental - net
    
1,306
      
1,601
  
                 
Medical Equipment in rental service
    
75,853
      
61,429
  
Medical Equipment in rental service - pump reserve
    
(720
 )    
(530
 )
Accumulated depreciation
    
(41,908
 )    
(37,411
 )
Medical Equipment in rental service - net
    
33,225
      
23,488
  
                 
Total
   $
34,531
     $
25,089
  
 
Depreciation expense for the years ended
December 31, 2019
and
2018
was
$7.5
million and
$6.2
million, respectively, which were recorded in “cost of revenues” for each period.