Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition

v3.22.2.2
Revenue Recognition
 9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
The following tables present the Company’s disaggregated revenue by offering type (in thousands):
  Three Months Ended
September 30,
  2022 2021
 
Total Net
Revenues
Percentage of
Total Net
Revenues
Total Net
Revenues
Percentage of
Total Net
Revenues
Third-Party Payer Rentals $ 14,161  51.9  % $ 13,512  50.9  %
Direct Payer Rentals 7,801  28.6  % 7,136  26.9  %
Product Sales 3,562  13.1  % 4,399  16.5  %
Services 1,755  6.4  % 1,519  5.7  %
 
Total $ 27,279  100.0  % $ 26,566 100.0  %
Nine Months Ended
September 30,
  2022 2021
 
Total Net
Revenues
Percentage of Total Net Revenues
Total Net
Revenues
Percentage of Total Net Revenues
 
Third-Party Payer Rentals $ 41,425  51.1  % $ 39,436  52.0  %
Direct Payer Rentals 23,745  29.3  % 21,787  28.7  %
Product Sales 10,968  13.5  % 11,332  14.9  %
Services 4,946  6.1  % 3,308  4.4  %
 
Total $ 81,084  100.0  % $ 75,863  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 September 30, 2022, $3.2 million and $4.6 million of Direct Payer Rentals were attributed to the ITS and DME Services segments, respectively. For the three months ended September 30, 2021, $3.1 million and $4.0 million of Direct Payer Rentals were attributed to the ITS and DME Services segments, respectively. For the three months ended September 30, 2022, less than $0.1 million and $3.6 million of Product Sales were attributed to the ITS and DME Services segments, respectively. For the three months ended September 30, 2021, all Product Sales were entirely attributed to the DME Services segment.
For the nine months ended September 30, 2022, $9.7 million and $14.0 million of Direct Payer Rentals were attributed to the ITS and DME Services segments, respectively. For the nine months ended September 30, 2021, $9.4 million and $12.4 million of Direct Payer Rentals were attributed to the ITS and DME Services segments, respectively. For the nine months ended September 30, 2022, $0.1 million and $10.9 million of Product Sales were attributed to the ITS and DME Services segments, respectively. For the nine months ended September 30, 2021, all Product Sales were entirely attributed to the DME Services segment.