Quarterly report pursuant to Section 13 or 15(d)

Business Segment Information (Tables)

v3.23.1
Business Segment Information (Tables)
3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The financial information summarized below is presented by reportable segment for the three months ended March 31, 2023 and 2022:
2023
(in thousands) ITS DME Services
Corporate/
Eliminations
Total
 
Net revenues - external $ 18,774 $ 11,596 $ $ 30,370
Net revenues - internal 1,630 (1,630)
Total net revenues 18,774 13,226 (1,630) 30,370
Gross profit 11,541 3,999 15,540
Selling, general and administrative expenses 15,647 15,647
Interest expense (484) (484)
Other expense (35) (35)
Benefit from income taxes 302 302
Net loss $ (324)
Total assets $ 62,769 $ 37,492 $ 2,000 $ 102,261
Purchases of medical equipment $ 2,673 $ 1,295 $ $ 3,968
Depreciation and amortization of intangible assets $ 2,178 $ 1,025 $ $ 3,203
2022
(in thousands) ITS DME Services
Corporate/
Eliminations
Total
Net revenues - external $ 16,641 $ 10,122 $ $ 26,763
Net revenues - internal 1,488 (1,488)
Total net revenues 16,641 11,610 (1,488) 26,763
Gross profit 10,738 4,629 15,367
Selling, general and administrative expenses 15,892 15,892
Interest expense (277) (277)
Other expense (28) (28)
Benefit from income taxes 462 462
Net loss $ (368)
Total assets $ 61,991 $ 34,246 $ 2,000 $ 98,237
Purchases of medical equipment $ 1,511 $ 1,420 $ $ 2,931
Depreciation and amortization of intangible assets $ 2,398 $ 1,018 $ $ 3,416