Quarterly report pursuant to Section 13 or 15(d)

Note 4 - Revenue Recognition

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Note 4 - Revenue Recognition
 6 Months Ended
Jun. 30, 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

  
   

June 30,

  
   

2021

    

2020

  
   

Total Net

Revenues

    

Percentage of

Total Net

Revenues

    

Total Net

Revenues

    

Percentage of

Total Net

Revenues

  
                                 

Third-Party Payer Rentals

   $ 13,130       52.9 %   $ 12,752       49.0 %

Direct Payer Rentals

     8,354       33.6 %     7,940       30.6 %

Product Sales

     3,350       13.5 %     5,307       20.4 %
                                 

Total

   $ 24,834       100.0 %   $ 25,999       100.0 %

 

 

   

Six Months Ended

  
   

June 30,

  
   

2021

    

2020

  
   

Total Net

Revenues

    

Percentage of

Total Net

Revenues

    

Total Net

Revenues

    

Percentage of

Total Net

Revenues

  
                                 

Third-Party Payer Rentals

   $ 25,924       52.6 %   $ 23,988       50.5 %

Direct Payer Rentals

     16,440       33.3 %     14,800       31.1 %

Product Sales

     6,933       14.1 %     8,764       18.4 %
                                 

Total

   $ 49,297       100.0 %   $ 47,552       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 DME Services segment. For the three months ended June 30, 2021, $3.2 million and $5.2 million of Direct Payer Rentals were attributed to the ITS and DME Services segments, respectively. For the three months ended June 30, 2020, $2.8 million and $5.1 million of Direct Payer Rentals were attributed to the ITS and DME Services segments, respectively.

 

For the six months ended June 30, 2021, $6.3 million and $10.1 million of Direct Payer Rentals were attributed to the ITS and DME Services segments, respectively. For the six months ended June 30, 2020, $5.7 million and $9.1 million of Direct Payer Rentals were attributed to the ITS and DME Services segments, respectively.