Annual report pursuant to Section 13 and 15(d)

Note 4 - Medical Equipment

v3.20.1
Note 4 - Medical Equipment
12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Medical Equipment and Property Disclosure [Text Block]
4
.
Medical Equipment
 
Medical equipment consisted of the following as of
December 
31
(in thousands):
 
   
2019
   
2018
 
Medical Equipment for sale or rental
  $
1,334
    $
1,601
 
Medical Equipment for sale or rental - pump reserve
   
(28
)    
-
 
Medical Equipment for sale or rental - net
   
1,306
     
1,601
 
                 
Medical Equipment in rental service
   
75,853
     
61,429
 
Medical Equipment in rental service - pump reserve
   
(720
)    
(530
)
Accumulated depreciation
   
(41,908
)    
(37,411
)
Medical Equipment in rental service - net
   
33,225
     
23,488
 
                 
Total
  $
34,531
    $
25,089
 
 
Depreciation expense for the years ended
December 31, 2019
and
2018
was
$7.5
million and
$6.2
million, respectively, which were recorded in “cost of revenues” for each period.