Quarterly report [Sections 13 or 15(d)]

Business Segment Information (Tables)

v3.25.2
Business Segment Information (Tables)
 6 Months Ended
Jun. 30, 2025
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 June 30, 2025 and 2024:
2025
(in thousands) Patient Services Device Solutions
Corporate/
Eliminations
Total
Net revenues - external $ 21,518 $ 14,484 $ — $ 36,002
Net revenues - internal — 1,771 (1,771) —
Total net revenues 21,518 16,255 (1,771) 36,002
Significant Segment Expenses:
Supplies and material costs 5,777 4,803 (1,771) 8,809
Employee-related expenses — 4,415 — 4,415
Depreciation 1,852 934 — 2,786
Other segment items (a) 86 32 — 118
Gross profit 13,803 6,071 — 19,874
Selling, general and administrative expenses 16,097
Interest expense (373)
Other income 42
Income before income taxes $ 3,446
Total assets $ 52,285 $ 46,564 $ 2,000 $ 100,849
Purchases of medical equipment $ 493 $ 537 $ — $ 1,030
Depreciation and amortization of intangible assets $ 2,119 $ 1,222 $ — $ 3,341
(a) Other segment items included in Segment gross profit include estimates for medical equipment considered to be missing and other miscellaneous shop expenses.
2024
(in thousands) Patient Services Device Solutions
Corporate/
Eliminations
Total
Net revenues - external $ 20,246 $ 13,452 $ — $ 33,698
Net revenues - internal — 1,742 (1,742) —
Total net revenues 20,246 15,194 (1,742) 33,698
Significant Segment Expenses:
Supplies and material costs 4,895 5,615 (1,742) 8,768
Employee-related expenses — 5,532 — 5,532
Depreciation 1,683 789 — 2,472
Other segment items (a) 224 34 — 258
Gross profit 13,444 3,224 — 16,668
Selling, general and administrative expenses 14,813
Interest expense (484)
Other expense (63)
Income before income taxes $ 1,308
Total assets $ 58,790 $ 47,737 $ 2,000 $ 108,527
Purchases of medical equipment $ 3,465 $ 3,838 $ — $ 7,303
Depreciation and amortization of intangible assets $ 1,959 $ 1,074 $ — $ 3,033
(a) Other segment items included in Segment gross profit include estimates for medical equipment considered to be missing and other miscellaneous shop expenses.
The financial information summarized below is presented by reportable segment for the six months ended June 30, 2025 and 2024:
2025
(in thousands) Patient Services Device Solutions
Corporate/
Eliminations
Total
Net revenues - external $ 42,292 $ 28,426 $ — $ 70,718
Net revenues - internal — 3,653 (3,653) —
Total net revenues 42,292 32,079 (3,653) 70,718
Significant Segment Expenses:
Supplies and material costs 11,310 9,351 (3,653) 17,008
Employee-related expenses — 8,731 — 8,731
Depreciation 3,686 1,877 — 5,563
Other segment items (a) 308 67 — 375
Gross profit $ 26,988 $ 12,053 $ — $ 39,041
Selling, general and administrative expenses 34,646
Interest expense (709)
Other income 13
Income before income taxes $ 3,699
Total assets $ 52,285 $ 46,564 $ 2,000 $ 100,849
Purchases of medical equipment $ 2,269 $ 2,045 $ — $ 4,314
Depreciation and amortization of intangible assets $ 4,201 $ 2,460 $ — $ 6,661
(a) Other segment items included in Segment gross profit include estimates for medical equipment considered to be missing and other miscellaneous shop expenses.
2024
(in thousands) Patient Services Device Solutions
Corporate/
Eliminations
Total
Net revenues - external $ 38,837 $ 26,856 $ — $ 65,693
Net revenues - internal — 3,455 (3,455) —
Total net revenues 38,837 30,311 (3,455) 65,693
Significant Segment Expenses:
Supplies and material costs 9,736 11,259 (3,455) 17,540
Employee-related expenses — 9,979 — 9,979
Depreciation 3,256 1,561 — 4,817
Other segment items (a) 127 88 — 215
Gross profit $ 25,718 $ 7,424 $ — $ 33,142
Selling, general and administrative expenses 32,132
Interest expense (940)
Other expense (60)
Income before income taxes $ 10
Total assets $ 58,790 $ 47,737 $ 2,000 $ 108,527
Purchases of medical equipment $ 3,815 $ 4,981 $ — $ 8,796
Depreciation and amortization of intangible assets $ 3,815 $ 2,118 $ — $ 5,933
(a) Other segment items included in Segment gross profit include estimates for medical equipment considered to be missing and other miscellaneous shop expenses.