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