Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.4.0.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 569 $ 818
Accounts receivable, less allowance for doubtful accounts of $5,058 and $4,737 at March 31, 2016 and December 31, 2015, respectively 15,359 14,206
Inventory 2,622 1,916
Other current assets 1,087 861
Deferred income taxes 2,743 2,743
Total Current Assets 22,380 20,544
Medical equipment held for sale or rental 2,426 2,277
Medical equipment in rental service, net of accumulated depreciation 29,799 27,837
Property & equipment, net of accumulated depreciation 2,308 2,370
Intangible assets, net 31,833 31,534
Deferred income taxes 11,158 11,502
Other assets 260 251
Total Assets 100,164 96,315
Current Liabilities:    
Accounts payable 8,014 6,586
Current portion of long-term debt 5,177 5,060
Other current liabilities 2,462 3,641
Total Current Liabilities 15,653 15,287
Long-term debt, net of current portion 32,433 29,750
Total Liabilities $ 48,086 $ 45,037
Stockholders' Equity:    
Preferred stock, $.0001 par value: authorized 1,000,000 shares; none issued
Common stock, $.0001 par value: authorized 200,000,000 shares; issued and outstanding 22,767,052 and 22,569,392, respectively, as of March 31, 2016 and 22,739,550 and 22,541,890, respectively, as of December 31, 2015 $ 2 $ 2
Additional paid-in capital 91,543 91,238
Retained deficit (39,467) (39,962)
Total Stockholders' Equity 52,078 51,278
Total Liabilities and Stockholders' Equity $ 100,164 $ 96,315