Annual report [Section 13 and 15(d), not S-K Item 405]

Business Segment Information

v3.25.4
Business Segment Information
 12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Business Segment Information Business Segment Information
The Company’s reportable segments are organized based on service platforms, with the Patient Services segment reflecting higher margin rental revenues that generally include payments made by third-party and direct payers and the Device Solutions segment reflecting lower margin product sales, direct payer rental and services revenues. Resources are allocated and performance is assessed for these segments by the Company’s Chief Executive Officer, whom the Company has determined to be its CODM. The CODM uses gross profit for each segment predominantly in the annual budget and forecasting process and considers budget-to-actual variances on a quarterly basis when making operating and capital resource allocation decisions among each segment.
The financial information summarized below is presented by reportable segment: 
2025
(in thousands)
Patient Services
 Device Solutions Corporate/
Eliminations		 Total
Net revenues - external $ 86,532  $ 56,904  $ —  $ 143,436 
Net revenues - internal —  7,192  (7,192) — 
Total net revenues 86,532  64,096  (7,192) 143,436 
Significant Segment Expenses:
Supplies and material costs 23,478  18,932  (7,192) 35,218 
Employee-related expenses —  16,328  —  16,328 
Depreciation 7,357  3,787  —  11,144 
Other segment items (a) 324  126  —  450 
Gross profit $ 55,373  $ 24,923  $ —  $ 80,296 
Selling, general and administrative expenses 68,376 
Interest expense (1,299)
Other income 2 
Income before income taxes $ 10,623 
Total assets $ 53,518  $ 45,042  $ 2,000  $ 100,560 
Purchases of medical equipment $ 4,560  $ 3,566  $ —  $ 8,126 
Depreciation and amortization of intangible assets $ 8,492  $ 4,802  $ —  $ 13,294 
(a) Other segment items included in Segment gross profit include estimates for medical equipment that is considered to be missing and other miscellaneous shop expenses.
2024
(in thousands)
Patient Services
 Device Solutions Corporate/
Eliminations		 Total
Net revenues - external $ 80,378  $ 54,483  $ —  $ 134,861 
Net revenues - internal —  7,254  (7,254) — 
Total net revenues 80,378  61,737  (7,254) 134,861 
Significant Segment Expenses:
Supplies and material costs 20,255  21,948  (7,254) 34,949 
Employee-related expenses —  18,573  —  18,573 
Depreciation 6,788  3,454  —  10,242 
Other segment items (a) 493  201  —  694 
Gross profit $ 52,842  $ 17,561  $ —  $ 70,403 
Selling, general and administrative expenses 63,512 
Interest expense (1,777)
Other expense (55)
Income before income taxes $ 5,059 
Total assets $ 54,203  $ 47,411  $ 2,000  $ 103,614 
Purchases of medical equipment $ 6,679  $ 10,062  $ —  $ 16,741 
Depreciation and amortization of intangible assets $ 7,891  $ 4,608  $ —  $ 12,499 
(a) Other segment items included in Segment gross profit include estimates for medical equipment that is considered to be missing and other miscellaneous shop expenses.