Quarterly report pursuant to Section 13 or 15(d)

Goodwill & Intangible Assets (Tables)

v3.23.1
Goodwill & Intangible Assets (Tables)
 3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill The changes in the carrying value of goodwill by segment for the three months ended March 31, 2023 are as follows (in thousands):
  DME Services (a)
Balance as of December 31, 2022 $ 3,710
Goodwill acquired —
Balance as of March 31, 2023 $ 3,710
(a) The ITS segment had no recorded goodwill during the reported periods.
Carrying Amount and Accumulated Amortization of Identifiable Intangible Assets
The carrying amount and accumulated amortization of intangible assets consisted of the following (in thousands):
  March 31, 2023 December 31, 2022
 
Gross
Assets
Accumulated
Amortization
 Net
Gross
Assets
Accumulated
Amortization
Net
Nonamortizable intangible assets            
Trade names $ 2,000 $ — $ 2,000 $ 2,000 $ — $ 2,000
Amortizable intangible assets:
Trade names 23 (23) — 23 (23) —
Physician and customer relationships 38,834 (33,769) 5,065 38,834 (33,594) 5,240
Non-competition agreements 472 (185) 287 472 (161) 311
Unpatented technology 943 (292) 651 943 (258) 685
Software 10,300 (10,115) 185 10,300 (10,100) 200
 
Total nonamortizable and amortizable intangible assets $ 52,572 $ (44,384) $ 8,188 $ 52,572 $ (44,136) $ 8,436
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense Expected remaining annual amortization expense for the next five years for intangible assets recorded as of March 31, 2023 is as follows (in thousands):
  2023 2024 2025 2026 2027
2028 and thereafter
 Total
               
Amortization expense $ 743 $ 990 $ 810 $ 524 $ 471 $ 2,650 $ 6,188