Quarterly report pursuant to Section 13 or 15(d)

Note 4 - Revenue Recognition

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Note 4 - Revenue Recognition
3 Months Ended
Mar. 31, 2021
Notes to Financial Statements  
Revenue from Contract with Customer [Text Block]

4.

Revenue Recognition

 

The following table presents the Company’s disaggregated revenue by offering type (in thousands):

 

   

Three Months Ended

 
   

March 31,

 
   

2021

   

2020

 
   

Total Net

Revenues

   

Percentage of

Total Net

Revenues

   

Total Net

Revenues

   

Percentage of

Total Net

Revenues

 
                                 

Third-Party Payer Rentals

  $ 12,794       52.3 %   $ 11,236       52.1 %

Direct Payer Rentals

    8,086       33.1 %     6,859       31.8 %

Product Sales

    3,583       14.6 %     3,458       16.1 %
                                 

Total

  $ 24,463       100.0 %   $ 21,553       100.0 %

 

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, 2021, $3.1 million and $5.0 million of Direct Payer Rentals were attributed to the ITS and DME Services segments, respectively. For the three months ended March 31, 2020, $2.9 million and $4.0 million were attributed to the ITS and DME Services segments, respectively.