Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.7.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 76 $ 3,398
Accounts receivable, less allowance for doubtful accounts of $6,189 and $4,989 at June 30, 2017 and December 31, 2016, respectively 11,547 11,581
Inventory 1,962 2,166
Other current assets 1,314 949
Deferred income taxes 0 2,675
Total Current Assets 14,899 20,769
Medical equipment held for sale or rental 1,289 1,642
Medical equipment in rental service, net of accumulated depreciation 25,715 28,036
Property & equipment, net of accumulated depreciation 1,815 1,997
Intangible assets, net 28,293 31,239
Deferred income taxes 16,638 12,436
Other assets 61 225
Total Assets 88,710 96,344
Current Liabilities:    
Accounts payable 5,247 5,315
Capital leases 593 2,938
Current portion of long-term debt 2,660 5,314
Other current liabilities 2,494 2,872
Total Current Liabilities 10,994 16,439
Long-term debt, net of current portion 28,719 26,577
Capital leases 238 2,573
Other long-term liabilities 61 66
Total Long-Term Liabilities 29,018 29,216
Total Liabilities 40,012 45,655
Stockholders' Equity:    
Preferred stock, $.0001 par value: authorized 1,000,000 shares; none issued 0  
Common stock, $.0001 par value: authorized 200,000,000 shares; issued and outstanding 22,953,365 and 22,755,705, respectively, as of June 30, 2017 and 22,867,335 and 22,669,675, respectively, as of December 31, 2016 2 2
Additional paid-in capital 92,206 91,829
Retained deficit (43,510) (41,142)
Total Stockholders' Equity 48,698 50,689
Total Liabilities and Stockholders' Equity $ 88,710 $ 96,344