XML 35 R21.htm IDEA: XBRL DOCUMENT v3.22.4
Business Segment Information
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Business Segment Information Business Segment Information
The Company’s reportable segments are organized based on service platforms, with the ITS segment reflecting higher margin rental revenues that generally include payments made by third-party and direct payers and the DME Services segment reflecting lower margin product sales, direct payer rental and services revenues. Resources are allocated and performance is assessed for these segments by the Company’s Chief Executive Officer, whom the Company has determined to be its chief operating decision-maker. The Company believes that reporting performance at the gross profit level is the best indicator of segment performance.
The financial information summarized below is presented by reportable segment: 
2022
(in thousands)ITSDME ServicesCorporate/
Eliminations
Total
Net revenues - external$68,881 $41,033 $— $109,914 
Net revenues - internal— 6,473 (6,473)$— 
Total net revenues68,881 47,506 (6,473)109,914 
Gross profit43,433 19,138 — 62,571 
Selling, general and administrative expenses60,917 60,917 
Interest expense(1,402)(1,402)
Other expense(122)(122)
Provision for income taxes(112)(112)
Net income$18 
Total assets$60,886 $36,502 $2,000 $99,388 
Purchases of medical equipment$8,825 $5,269 $— $14,094 
Depreciation and amortization of intangible assets$9,266 $4,094 $— $13,360 
2021
(in thousands)ITSDME ServicesCorporate/
Eliminations
Total
Net revenues - external$65,598 $36,784 $— $102,382 
Net revenues - internal— 5,753 (5,753)— 
Total net revenues65,598 42,537 (5,753)102,382 
Gross profit42,046 18,151 — 60,197 
Selling, general and administrative expenses57,377 57,377 
Interest expense(1,377)(1,377)
Other expense(186)(186)
Benefit from income taxes163 163 
Net income$1,420 
Total assets$60,970 $34,616 $2,000 $97,586 
Purchases of medical equipment$10,533 $5,143 $— $15,676 
Depreciation and amortization of intangible assets$10,886 $3,739 $— $14,625 
2020
(in thousands)ITSDME ServicesCorporate/
Eliminations
Total
Net revenues - external$61,072 $36,316 $— $97,388 
Net revenues - internal— 5,370 (5,370)— 
Total net revenues61,072 41,686 (5,370)97,388 
Gross profit39,773 18,986 — 58,759 
Selling, general and administrative expenses49,932 49,932 
Interest expense(1,255)(1,255)
Other expense(29)(29)
Benefit from income taxes9,789 9,789 
Net income$17,332 
Total assets$68,472 $26,519 $2,000 $96,991 
Purchases of medical equipment$9,583 $6,237 $— $15,820 
Depreciation and amortization of intangible assets$10,708 $3,317 $— $14,025