Schedule of Segment Reporting Information, by Segment |
The financial information summarized below is presented by reportable segment for the three months ended June 30, 2022 and 2021:
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2022 |
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(in thousands) |
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ITS |
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DME Services |
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Corporate/
Eliminations
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Total |
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Net revenues - external |
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$ |
17,244 |
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$ |
9,798 |
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$ |
— |
|
$ |
27,042 |
Net revenues - internal |
|
— |
|
1,762 |
|
(1,762) |
|
— |
Total net revenues |
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17,244 |
|
11,560 |
|
(1,762) |
|
27,042 |
Gross profit |
|
10,113 |
|
4,788 |
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— |
|
14,901 |
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|
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Selling, general and administrative expenses |
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14,694 |
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14,694 |
Interest expense |
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(314) |
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(314) |
Other expense |
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(30) |
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(30) |
Provision for income taxes |
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(27) |
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(27) |
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Net loss |
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$ |
(164) |
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Total assets |
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$ |
62,310 |
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$ |
34,507 |
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$ |
2,000 |
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$ |
98,817 |
Purchases of medical equipment |
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$ |
3,325 |
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$ |
413 |
|
$ |
— |
|
$ |
3,738 |
Depreciation and amortization of intangible assets |
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$ |
2,371 |
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$ |
1,029 |
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$ |
— |
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$ |
3,400 |
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2021 |
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(in thousands) |
|
ITS |
|
DME Services |
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Corporate/Eliminations |
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Total |
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Net revenues - external |
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$ |
16,334 |
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$ |
8,500 |
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$ |
— |
|
$ |
24,834 |
Net revenues - internal |
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— |
|
1,598 |
|
(1,598) |
|
— |
Total net revenues |
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16,334 |
|
10,098 |
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(1,598) |
|
24,834 |
Gross profit |
|
10,451 |
|
4,599 |
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— |
|
15,050 |
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|
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Selling, general and administrative expenses |
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14,354 |
|
14,354 |
Interest expense |
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(317) |
|
(317) |
Other expense |
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(37) |
|
(37) |
Benefit from income taxes |
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|
|
478 |
|
478 |
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Net income |
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$ |
820 |
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Total assets |
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$ |
60,876 |
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$ |
33,121 |
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$ |
2,000 |
|
$ |
95,997 |
Purchases of medical equipment |
|
$ |
1,871 |
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$ |
736 |
|
$ |
— |
|
$ |
2,607 |
Depreciation and amortization of intangible assets |
|
$ |
2,732 |
|
$ |
927 |
|
$ |
— |
|
$ |
3,659 |
The financial information summarized below is presented by reportable segment for the six months ended June 30, 2022 and 2021:
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2022 |
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(in thousands) |
|
ITS |
|
DME Services |
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Corporate/
Eliminations
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Total |
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Net revenues - external |
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$ |
33,885 |
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$ |
19,920 |
|
$ |
— |
|
$ |
53,805 |
Net revenues - internal |
|
— |
|
3,250 |
|
(3,250) |
|
— |
Total net revenues |
|
33,885 |
|
23,170 |
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(3,250) |
|
53,805 |
Gross profit |
|
20,851 |
|
9,417 |
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— |
|
30,268 |
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|
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Selling, general and administrative expenses |
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|
|
|
|
30,586 |
|
30,586 |
Interest expense |
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|
|
|
|
(591) |
|
(591) |
Other expense |
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|
(58) |
|
(58) |
Benefit from income taxes |
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|
|
435 |
|
435 |
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Net loss |
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$ |
(532) |
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Total assets |
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$ |
62,310 |
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$ |
34,507 |
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$ |
2,000 |
|
$ |
98,817 |
Purchases of medical equipment |
|
$ |
4,836 |
|
$ |
1,833 |
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$ |
— |
|
$ |
6,669 |
Depreciation and amortization of intangible assets |
|
$ |
4,769 |
|
$ |
2,047 |
|
$ |
— |
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$ |
6,816 |
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2021 |
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(in thousands) |
|
ITS |
|
DME Services |
|
Corporate/
Eliminations
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Total |
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Net revenues - external |
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$ |
32,245 |
|
$ |
17,052 |
|
$ |
— |
|
$ |
49,297 |
Net revenues - internal |
|
— |
|
3,044 |
|
(3,044) |
|
— |
Total net revenues |
|
32,245 |
|
20,096 |
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(3,044) |
|
49,297 |
Gross profit |
|
20,454 |
|
9,172 |
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— |
|
29,626 |
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Selling, general and administrative expenses |
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|
28,057 |
|
28,057 |
Interest expense |
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|
|
(639) |
|
(639) |
Other expense |
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|
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|
(106) |
|
(106) |
Benefit from income taxes |
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|
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|
657 |
|
657 |
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Net income |
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$ |
1,481 |
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Total assets |
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$ |
60,876 |
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$ |
33,121 |
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$ |
2,000 |
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$ |
95,997 |
Purchases of medical equipment |
|
$ |
3,492 |
|
$ |
1,451 |
|
$ |
— |
|
$ |
4,943 |
Depreciation and amortization of intangible assets |
|
$ |
5,428 |
|
$ |
1,801 |
|
$ |
— |
|
$ |
7,229 |
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