Schedule of Segment Reporting Information, by Segment |
The financial information summarized below is presented by reportable segment for the three months ended June 30, 2023 and 2022:
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2023 |
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(in thousands) |
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Patient Services |
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Device Solutions |
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Corporate/
Eliminations
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Total |
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Net revenues - external |
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$ |
19,319 |
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$ |
12,416 |
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$ |
— |
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$ |
31,735 |
Net revenues - internal |
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— |
|
1,681 |
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(1,681) |
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— |
Total net revenues |
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19,319 |
|
14,097 |
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(1,681) |
|
31,735 |
Gross profit |
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11,845 |
|
4,597 |
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— |
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16,442 |
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Selling, general and administrative expenses |
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15,194 |
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15,194 |
Interest expense |
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(620) |
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(620) |
Other income |
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2 |
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2 |
Provision for income taxes |
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(195) |
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(195) |
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Net income |
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$ |
435 |
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Total assets |
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$ |
60,243 |
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$ |
40,506 |
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$ |
2,000 |
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$ |
102,749 |
Purchases of medical equipment |
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$ |
1,539 |
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$ |
1,487 |
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$ |
— |
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$ |
3,026 |
Depreciation and amortization of intangible assets |
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$ |
2,078 |
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$ |
1,015 |
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$ |
— |
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$ |
3,093 |
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2022 |
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(in thousands) |
|
Patient Services |
|
Device Solutions |
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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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$ |
— |
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$ |
27,042 |
Net revenues - internal |
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— |
|
1,762 |
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(1,762) |
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— |
Total net revenues |
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17,244 |
|
11,560 |
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(1,762) |
|
27,042 |
Gross profit |
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10,113 |
|
4,788 |
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— |
|
14,901 |
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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 |
|
$ |
2,371 |
|
$ |
1,029 |
|
$ |
— |
|
$ |
3,400 |
The financial information summarized below is presented by reportable segment for the six months ended June 30, 2023 and 2022:
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2023 |
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(in thousands) |
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Patient Services |
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Device Solutions |
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Corporate/
Eliminations
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Total |
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Net revenues - external |
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$ |
38,093 |
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$ |
24,012 |
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$ |
— |
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$ |
62,105 |
Net revenues - internal |
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— |
|
3,311 |
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(3,311) |
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— |
Total net revenues |
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38,093 |
|
27,323 |
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(3,311) |
|
62,105 |
Gross profit |
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23,386 |
|
8,596 |
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— |
|
31,982 |
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Selling, general and administrative expenses |
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30,841 |
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30,841 |
Interest expense |
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(1,104) |
|
(1,104) |
Other expense |
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(33) |
|
(33) |
Benefit from income taxes |
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|
107 |
|
107 |
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Net income |
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$ |
111 |
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Total assets |
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$ |
60,243 |
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$ |
40,506 |
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$ |
2,000 |
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$ |
102,749 |
Purchases of medical equipment |
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$ |
4,212 |
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$ |
2,782 |
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$ |
— |
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$ |
6,994 |
Depreciation and amortization of intangible assets |
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$ |
4,256 |
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$ |
2,040 |
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$ |
— |
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$ |
6,296 |
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2022 |
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(in thousands) |
|
Patient Services |
|
Device Solutions |
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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 |
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$ |
— |
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$ |
53,805 |
Net revenues - internal |
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— |
|
3,250 |
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(3,250) |
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— |
Total net revenues |
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33,885 |
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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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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 |
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$ |
98,817 |
Purchases of medical equipment |
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$ |
4,836 |
|
$ |
1,833 |
|
$ |
— |
|
$ |
6,669 |
Depreciation and amortization of intangible assets |
|
$ |
4,769 |
|
$ |
2,047 |
|
$ |
— |
|
$ |
6,816 |
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