Annual report pursuant to Section 13 and 15(d)

Note 3 - Revenue Recognition

v3.20.1
Note 3 - Revenue Recognition
 12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Revenue from Contract with Customer [Text Block]
3
.
Revenue Recognition
 
The following table presents disaggregated revenue by offering type as of
December 31 (
in thousands):
 
   
2019
    
2018
  
                 
Third-Party Payor Rentals
   $
40,510
     $
31,975
  
Direct Payor Rentals
   $
26,269
     $
24,609
  
Product Sales
   $
14,336
     $
10,554
  
                 
Total - Net revenues
   $
81,115
     $
67,138
  
 
Third-Party Payor Rentals are entirely attributed to revenues of the ITS segment. Product Sales are entirely attributed to revenues of the DME Services segment. For the year ended
December 31, 2019,
$11.0
million and
$15.3
million of Direct Payor Rentals were attributed to the ITS and DME Services segments, respectively. For the year ended
December 31, 2018,
$9.5
million and
$15.1
million were attributed to the ITS and DME Services segments, respectively.
 
The following table presents disaggregated revenue by offering type as a percentage of total net revenues as of
December 31:
 
   
2019
    
2018
  
                 
Third-Party Payor Rentals
    
49.9%
      
47.6%
  
Direct Payor Rentals
    
32.4%
      
36.7%
  
Product Sales
    
17.7%
      
15.7%
  
                 
Total - Net revenues
    
100.0%
      
100.0%