Quarterly report pursuant to Section 13 or 15(d)

Note 3 - Revenue Recognition

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Note 3 - Revenue Recognition
 3 Months Ended
Mar. 31, 2020
Notes to Financial Statements  
Revenue from Contract with Customer [Text Block]
3
.
Revenue Recognition
 
The following table presents the Company’s disaggregated revenue by offering type (in thousands):
 
   
Three Months Ended
  
   
March 31
  
   
2020
    
2019
  
                 
Third-Party Payer Rentals
   $
11,236
     $
8,747
  
Direct Payer Rentals
    
6,859
      
6,321
  
Product Sales
    
3,458
      
3,125
  
                 
Total - Net revenues
   $
21,553
     $
18,193
  
 
Third-Party Payer Rentals are entirely attributed to revenues of the Integrated Therapy Services (“ITS”) segment. Product Sales are entirely attributed to revenues of the Durable Medical Equipment Services (“DME Services”) segment. For the
three
months ended
March 31, 2020,
$2.9
million and
$4.0
million of Direct Payer Rentals were attributed to the ITS and DME Services segments, respectively. For the
three
months ended
March 31, 2019,
$2.6
million and
$3.7
million were attributed to the ITS and DME Services segments, respectively.
 
The following table presents the Company’s disaggregated revenue by offering type as a percentage of total net revenues:
 
   
Three Months Ended
  
   
March 31
  
   
2020
    
2019
  
                 
Third-Party Payer Rentals
    
52.1
 %    
48.1
 %
Direct Payer Rentals
    
31.8
 %    
34.7
 %
Product Sales
    
16.1
 %    
17.2
 %
                 
Total - Net revenues
    
100.0
 %    
100.0
 %