Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current Assets:    
Cash and cash equivalents $ 1,902 $ 1,138
Accounts receivable, less allowance for doubtful accounts of $5,287 and $4,774 at September 30, 2014 and December 31, 2013, respectively 11,505 10,697
Inventory 1,589 1,234
Other current assets 621 518
Deferred income taxes 2,296 2,296
Total Current Assets 17,913 15,883
Medical equipment held for sale or rental 2,365 3,664
Medical equipment in rental service, net of accumulated depreciation 17,662 14,438
Property & equipment, net of accumulated depreciation 2,370 872
Deferred debt issuance costs, net 1,349 1,817
Intangible assets, net 24,461 24,182
Deferred income taxes 14,696 16,300
Other assets 208 217
Total Assets 81,024 77,373
Current Liabilities:    
Accounts payable 4,570 4,736
Current portion of long-term debt 4,238 5,118
Other current liabilities 3,303 3,187
Total Current Liabilities 12,111 13,041
Long-term debt, net of current portion 23,631 21,609
Total Liabilities 35,742 34,650
Stockholders' Equity:    
Preferred stock, $.0001 par value: authorized 1,000,000 shares; none issued 0 0
Common stock, $.0001 par value: authorized 200,000,000 shares; issued and outstanding 22,400,743 and 22,203,053, respectively, as of September 30, 2014 and 22,158,041 and 21,960,351, respectively, as of December 31, 2013 2 2
Additional paid-in capital 90,020 89,783
Retained deficit (44,740) (47,062)
Total Stockholders' Equity 45,282 42,723
Total Liabilities and Stockholders' Equity $ 81,024 $ 77,373