Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Medical Equipment

v3.21.2
Note 5 - Medical Equipment
6 Months Ended
Jun. 30, 2021
Notes to Financial Statements  
Medical Equipment and Property Disclosure [Text Block]

5.

Medical Equipment

 

Medical equipment consisted of the following (in thousands):

 

   

June 30,

   

December 31,

 
   

2021

   

2020

 

Medical equipment for sale or rental

  $ 3,010     $ 1,636  

Medical equipment for sale or rental - pump reserve

    (55 )     (33 )

Medical equipment for sale or rental - net

    2,955       1,603  
                 

Medical equipment in rental service

    85,959       83,411  

Medical equipment in rental service - pump reserve

    (1,286 )     (893 )

Accumulated depreciation

    (49,272 )     (46,907 )

Medical equipment in rental service - net

    35,401       35,611  
                 

Total

  $ 38,356     $ 37,214  

 

Depreciation expense for medical equipment for the three and six months ended June 30, 2021 was $2.3 million and $4.6 million, respectively, compared to $2.3 million and $4.4 million for the same prior year periods, respectively. This expense was recorded in “cost of revenues” for each period.