Quarterly report [Sections 13 or 15(d)]

Business Segment Information (Tables)

v3.25.3
Business Segment Information (Tables)
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The financial information summarized below is presented by reportable segment for the three months ended September 30, 2025 and 2024:
2025
(in thousands) Patient Services Device Solutions
Corporate/
Eliminations
Total
Net revenues - external $ 22,363 $ 14,125 $ — $ 36,488
Net revenues - internal — 1,944 (1,944) —
Total net revenues 22,363 16,069 (1,944) 36,488
Significant Segment Expenses:
Supplies and material costs 6,141 4,734 (1,944) 8,931
Employee-related expenses — 4,043 — 4,043
Depreciation 1,841 917 — 2,758
Other segment items (a) (101) 37 — (64)
Gross profit 14,482 6,338 — 20,820
Selling, general and administrative expenses 17,009
Interest expense (330)
Other expense (54)
Income before income taxes $ 3,427
Total assets $ 50,610 $ 46,271 $ 2,000 $ 98,881
Purchases of medical equipment $ 618 $ 409 $ — $ 1,027
Depreciation and amortization of intangible assets $ 2,148 $ 1,136 $ — $ 3,284
(a) Other segment items included in Segment gross profit include estimates for medical equipment considered to be missing and other miscellaneous shop expenses.
2024
(in thousands) Patient Services Device Solutions
Corporate/
Eliminations
Total
Net revenues - external $ 20,780 $ 14,540 $ — $ 35,320
Net revenues - internal — 1,992 (1,992) —
Total net revenues 20,780 16,532 (1,992) 35,320
Significant Segment Expenses:
Supplies and material costs 5,075 5,668 (1,992) 8,751
Employee-related expenses — 4,663 — 4,663
Depreciation 1,755 825 — 2,580
Other segment items (a) 239 42 — 281
Gross profit 13,710 5,335 — 19,045
Selling, general and administrative expenses 15,780
Interest expense (476)
Other expense (4)
Income before income taxes $ 2,785
Total assets $ 54,821 $ 48,482 $ 2,000 $ 105,303
Purchases of medical equipment $ 524 $ 2,842 $ — $ 3,366
Depreciation and amortization of intangible assets $ 2,037 $ 1,108 $ — $ 3,145
(a) Other segment items included in Segment gross profit include estimates for medical equipment considered to be missing and other miscellaneous shop expenses.
The financial information summarized below is presented by reportable segment for the nine months ended September 30, 2025 and 2024:
2025
(in thousands) Patient Services Device Solutions
Corporate/
Eliminations
Total
Net revenues - external $ 64,655 $ 42,551 $ — $ 107,206
Net revenues - internal — 5,597 (5,597) —
Total net revenues 64,655 48,148 (5,597) 107,206
Significant Segment Expenses:
Supplies and material costs 17,451 14,085 (5,597) 25,939
Employee-related expenses — 12,774 — 12,774
Depreciation 5,527 2,794 — 8,321
Other segment items (a) 207 104 — 311
Gross profit $ 41,470 $ 18,391 $ — $ 59,861
Selling, general and administrative expenses 51,655
Interest expense (1,039)
Other expense (41)
Income before income taxes $ 7,126
Total assets $ 50,610 $ 46,271 $ 2,000 $ 98,881
Purchases of medical equipment $ 2,887 $ 2,454 $ — $ 5,341
Depreciation and amortization of intangible assets $ 6,349 $ 3,596 $ — $ 9,945
(a) Other segment items included in Segment gross profit include estimates for medical equipment considered to be missing and other miscellaneous shop expenses.
2024
(in thousands) Patient Services Device Solutions
Corporate/
Eliminations
Total
Net revenues - external $ 59,617 $ 41,396 $ — $ 101,013
Net revenues - internal — 5,447 (5,447) —
Total net revenues 59,617 46,843 (5,447) 101,013
Significant Segment Expenses:
Supplies and material costs 14,811 16,927 (5,447) 26,291
Employee-related expenses — 14,642 — 14,642
Depreciation 5,011 2,386 — 7,397
Other segment items (a) 366 130 — 496
Gross profit $ 39,428 $ 12,759 $ — $ 52,187
Selling, general and administrative expenses 47,912
Interest expense (1,416)
Other expense (64)
Income before income taxes $ 2,795
Total assets $ 54,821 $ 48,482 $ 2,000 $ 105,303
Purchases of medical equipment $ 4,339 $ 7,823 $ — $ 12,162
Depreciation and amortization of intangible assets $ 5,852 $ 3,226 $ — $ 9,078
(a) Other segment items included in Segment gross profit include estimates for medical equipment considered to be missing and other miscellaneous shop expenses.