Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Current Period Unaudited)

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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 2,761 $ 9,648
Accounts receivable, net 14,693 14,720
Inventories 3,229 3,001
Other current assets 2,804 2,402
Total current assets 23,487 29,771
Medical equipment for sale or rental 1,045 1,603
Medical equipment in rental service, net of accumulated depreciation 35,769 35,611
Property & equipment, net of accumulated depreciation 4,327 4,296
Intangible assets, net 11,321 11,177
Operating lease right of use assets 4,376 4,461
Deferred income taxes 10,147 9,967
Other assets 115 105
Total assets 90,587 96,991
Current liabilities:    
Accounts payable 6,553 6,779
Current portion of long-term debt 671 9,423
Other current liabilities 4,934 6,795
Total current liabilities 12,158 22,997
Long-term debt, net of current portion 31,747 29,378
Operating lease liabilities, net of current portion 3,733 3,864
Total liabilities 47,638 56,239
Stockholders’ equity:    
Preferred stock, $.0001 par value: authorized 1,000,000 shares; none issued 0 0
Common stock, $.0001 par value: authorized 200,000,000 shares; issued and outstanding 23,915,091 and 20,396,602, respectively, as of March 31, 2021, and issued and outstanding 23,816,193 and 20,297,704, respectively, as of December 31, 2020 2 2
Additional paid-in capital 86,163 84,785
Accumulated other comprehensive income 158 0
Retained deficit (43,374) (44,035)
Total stockholders’ equity 42,949 40,752
Total liabilities and stockholders’ equity $ 90,587 $ 96,991