Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.19.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Net revenues:    
Rentals $ 56,584 $ 61,085
Product sales 10,554 9,992
Net revenues 67,138 71,077
Cost of revenues:    
Cost of revenues — Product, service and supply costs 19,332 18,367
Cost of revenues — Pump depreciation and disposals 8,788 9,349
Gross profit 39,018 43,361
Selling, general and administrative expenses:    
Third-party payor provision for doubtful accounts 5,615
Amortization of intangibles 4,649 5,560
Asset impairment charges 993
Selling and marketing 9,107 9,779
General and administrative 24,847 25,226
Total selling, general and administrative 38,603 47,173
Operating income (loss) 415 (3,812)
Other expense:    
Interest expense (1,420) (1,332)
Other expense (37) (113)
Total other expense (1,457) (1,445)
Loss before income taxes (1,042) (5,257)
Provision for income taxes (53) (15,450)
Net loss $ (1,095) $ (20,707)
Net loss per share:    
Basic and diluted (in dollars per share) $ (0.05) $ (0.91)
Weighted average common shares outstanding:    
Basic and diluted (in shares) 21,417,628 22,739,651