Quarterly report pursuant to Section 13 or 15(d)

Goodwill & Intangible Assets (Tables)

v3.24.3
Goodwill & Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in the Carrying Value of Goodwill
The changes in the carrying value of goodwill by segment for the nine months ended September 30, 2024 are as follows (in thousands):
  Device Solutions (a)
Balance as of December 31, 2023 $ 3,710
Goodwill acquired —
Balance as of September 30, 2024 $ 3,710
(a) The Patient Services segment had no recorded goodwill during the reported periods.
Schedule of Carrying Amount and Accumulated Amortization of Intangible Assets
The carrying amount and accumulated amortization of intangible assets consisted of the following (in thousands):
  September 30, 2024 December 31, 2023
 
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 (34,820) 4,014 38,834 (34,295) 4,539
Non-competition agreements 472 (326) 146 472 (255) 217
Unpatented technology 943 (494) 449 943 (393) 550
Software 10,300 (10,205) 95 10,300 (10,160) 140
 
Total nonamortizable and amortizable intangible assets $ 52,572 $ (45,868) $ 6,704 $ 52,572 $ (45,126) $ 7,446
Schedule of Expected Remaining Annual Amortization Expense for Intangible Assets Expected remaining annual amortization expense for the next five years for intangible assets recorded as of September 30, 2024 is as follows (in thousands):
  2024 2025 2026 2027 2028
2029 and thereafter
 Total
               
Amortization expense $ 248 $ 810 $ 525 $ 471 $ 348 $ 2,302 $ 4,704