Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition

v3.22.2
Revenue Recognition
 6 Months Ended
Jun. 30, 2022
Revenue Recognition [Abstract]  
Revenue Recognition Revenue Recognition
The following tables present the Company’s disaggregated revenue by offering type (in thousands):
  Three Months Ended
June 30,
  2022 2021
 
Total Net
Revenues
Percentage of
Total Net
Revenues
Total Net
Revenues
Percentage of
Total Net
Revenues
Third-Party Payer Rentals $ 13,896  51.4  % $ 13,130  52.9  %
Direct Payer Rentals 7,982  29.5  % 7,253  29.2  %
Product Sales 3,662  13.5  % 3,350  13.5  %
Services 1,502  5.6  % 1,101  4.4  %
 
Total $ 27,042  100.0  % $ 24,834 100.0  %
Six Months Ended
June 30,
  2022 2021
 
Total Net
Revenues
Percentage of Total Net Revenues
Total Net
Revenues
Percentage of Total Net Revenues
 
Third-Party Payer Rentals $ 27,264  50.7  % $ 25,924  52.6  %
Direct Payer Rentals 15,944  29.6  % 14,651  29.7  %
Product Sales 7,406  13.8  % 6,933  14.1  %
Services 3,191  5.9  % 1,789  3.6  %
 
Total $ 53,805  100.0  % $ 49,297  100.0  %
Third-Party Payer Rentals are entirely attributed to revenues of the Integrated Therapy Services (“ITS”) segment. Services revenues are entirely attributed to the DME Services segment. For the three months ended June 30, 2022, $3.4 million and $4.6 million of Direct Payer Rentals were attributed to the ITS and DME Services segments, respectively. For the three months ended June 30, 2021, $3.2 million and $4.1 million of Direct Payer Rentals were attributed to the ITS and DME Services segments, respectively. For the three months ended June 30, 2022, less than $0.1 million and $3.7 million of Product Sales were attributed to the ITS and DME Services segments, respectively. For the three months ended June 30, 2021, all Product Sales were entirely attributed to the DME Services segment.
For the six months ended June 30, 2022, $6.5 million and $9.4 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 $8.4 million of Direct Payer Rentals were attributed to the ITS and DME Services segments, respectively. For the six months ended June 30, 2022, $0.1 million and $7.3 million of Product Sales were attributed to the ITS and DME Services segments, respectively. For the six months ended June 30, 2021, all Product Sales were entirely attributed to the DME Services segment.