Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition

v3.21.2
Revenue Recognition
 9 Months Ended
Sep. 30, 2021
Revenue Recognition [Abstract]  
Revenue Recognition Revenue Recognition
The following table presents the Company’s disaggregated revenue by offering type (in thousands):
  Three Months Ended
September 30,
  2021 2020
 
Total Net
Revenues
Percentage of
Total Net
Revenues
Total Net
Revenues
Percentage of
Total Net
Revenues
Third-Party Payer Rentals $ 13,512  50.9  % $ 12,672  50.4  %
Direct Payer Rentals 8,655  32.6  % 7,933  31.6  %
Product Sales 4,399  16.5  % 4,520  18.0  %
 
Total $ 26,566  100.0  % $ 25,125 100.0  %
Nine Months Ended
September 30,
  2021 2020
 
Total Net
Revenues
Percentage of Total Net Revenues
Total Net
Revenues
Percentage of Total Net Revenues
 
Third-Party Payer Rentals $ 39,436  52.0  % $ 36,660  50.4  %
Direct Payer Rentals 25,095  33.1  % 22,733  31.3  %
Product Sales 11,332  14.9  % 13,284  18.3  %
 
Total $ 75,863  100.0  % $ 72,677  100.0  %
Third-Party Payer Rentals are entirely attributed to revenues of the Integrated Therapy Services (“ITS”) segment. Product Sales are entirely attributed to revenues of the DME Services segment. For the three months ended September 30, 2021, $3.1 million and $5.6 million of Direct Payer Rentals were attributed to the ITS and DME Services segments, respectively. For the three months ended September 30, 2020, $3.0 million and $4.9 million of Direct Payer Rentals were attributed to the ITS and DME Services segments, respectively.
For the nine months ended September 30, 2021, $9.4 million and $15.7 million of Direct Payer Rentals were attributed to the ITS and DME Services segments, respectively. For the nine months ended September 30, 2020, $8.7 million and $14.0 million of Direct Payer Rentals were attributed to the ITS and DME Services segments, respectively.