Quarterly report pursuant to Section 13 or 15(d)

Business Segment Information (Tables)

v3.22.1
Business Segment Information (Tables)
3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The financial information summarized below is presented by reportable segment for the three months ended March 31, 2022 and 2021:
2022
(in thousands) ITS DME Services
Corporate/
Eliminations
Total
 
Net revenues - external $ 16,641 $ 10,122 $ $ 26,763
Net revenues - internal 1,488 (1,488)
Total net revenues 16,641 11,610 (1,488) 26,763
Gross profit 10,738 4,629 15,367
Selling, general and administrative expenses 15,892 15,892
Interest expense (277) (277)
Other expense (28) (28)
Benefit from income taxes 462 462
Net loss $ (368)
Total assets $ 61,991 $ 34,246 $ 2,000 $ 98,237
Purchases of medical equipment $ 1,511 $ 1,420 $ $ 2,931
Depreciation and amortization of intangible assets $ 2,398 $ 1,018 $ $ 3,416
2021
(in thousands) ITS DME Services
Corporate/
Eliminations
Total
Net revenues - external $ 15,911 $ 8,552 $ $ 24,463
Net revenues - internal 1,446 (1,446)
Total net revenues 15,911 9,998 (1,446) 24,463
Gross profit 10,003 4,573 14,576
Selling, general and administrative expenses 13,703 13,703
Interest expense (322) (322)
Other expense (69) (69)
Benefit from income taxes 179 179
Net income $ 661
Total assets $ 62,508 $ 26,079 $ 2,000 $ 90,587
Purchases of medical equipment $ 1,621 $ 715 $ $ 2,336
Depreciation and amortization of intangible assets $ 2,696 $ 874 $ $ 3,570