Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 9,108 $ 3,186
Accounts receivable, net 29,554 22,901
Inventories, net 5,151 5,391
Other current assets 4,100 4,858
Total current assets 47,913 36,336
Medical equipment for sale or rental 2,481 4,589
Medical equipment in rental service, net of accumulated depreciation 33,143 34,456
Property & equipment, net of accumulated depreciation 2,752 3,359
Goodwill 3,710 3,710
Intangible assets, net 6,316 6,866
Operating lease right of use assets 3,625 4,178
Deferred income taxes 2,169 4,640
Derivative financial instruments 906 748
Other assets 1,504 1,678
Total assets 104,519 100,560
Current liabilities:    
Accounts payable 9,945 10,821
Other current liabilities 7,928 9,361
Total current liabilities 17,873 20,182
Long-term debt 19,687 19,625
Operating lease liabilities, net of current portion 2,809 3,427
Total liabilities 40,369 43,234
Stockholders’ equity:    
Preferred stock, $0.0001 par value: authorized 1,000,000 shares; none issued 0 0
Common stock, $0.0001 par value: authorized 200,000,000 shares; 20,028,177 shares issued and outstanding as of September 30, 2026 and 20,209,636 shares issued and outstanding as of December 31, 2025 2 2
Additional paid-in capital 121,728 117,461
Accumulated other comprehensive income 681 565
Retained deficit (58,261) (60,702)
Total stockholders’ equity 64,150 57,326
Total liabilities and stockholders’ equity $ 104,519 $ 100,560