Annual report pursuant to Section 13 and 15(d)

Note 3 - Revenue Recognition

v3.21.1
Note 3 - Revenue Recognition
 12 Months Ended
Dec. 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 as of
December 31 (
in thousands):
 
   
2020
    
2019
  
                 
Third-Party Payer Rentals
   $
49,266
     $
40,510
  
Direct Payer Rentals
   $
30,765
     $
26,269
  
Product Sales
   $
17,357
     $
14,336
  
                 
Total - Net revenues
   $
97,388
     $
81,115
  
 
Third-Party Payer Rentals are entirely attributed to revenues of the ITS segment. Product Sales are entirely attributed to revenues of the DME Services segment. For the year ended
December 31, 2020,
$11.8
million and
$19.0
million of Direct Payer Rentals were attributed to the ITS and DME Services segments, respectively. For the year ended
December 31, 2019,
$11.0
million and
$15.3
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 as of
December 31:
 
   
2020
    
2019
  
                 
Third-Party Payer Rentals
    
50.6
 %    
49.9
 %
Direct Payer Rentals
    
31.6
 %    
32.4
 %
Product Sales
    
17.8
 %    
17.7
 %
                 
Total - Net revenues
    
100.0
 %    
100.0
 %