2023 Q1 Form 10-K Financial Statement

#000162828023008290 Filed on March 16, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $30.37M $28.83M $109.9M
YoY Change 13.48% 8.71% 7.36%
Cost Of Revenue $14.83M $12.75M $47.34M
YoY Change 30.13% 13.74% 12.23%
Gross Profit $15.54M $16.08M $62.57M
YoY Change 1.13% 5.03% 3.94%
Gross Profit Margin 51.17% 55.79% 56.93%
Selling, General & Admin $15.29M $14.69M $58.34M
YoY Change 0.99% 17.37% 9.99%
% of Gross Profit 98.36% 91.31% 93.23%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.955M $3.104M $10.87M
YoY Change 9.2% -15.1% 4.85%
% of Gross Profit 19.02% 19.3% 17.37%
Operating Expenses $15.65M $15.05M $60.92M
YoY Change -1.54% 9.8% 6.17%
Operating Profit -$107.0K $1.029M $1.654M
YoY Change -79.62% -35.77% -41.35%
Interest Expense $484.0K -$426.0K $1.402M
YoY Change 74.73% -8.97% 1.82%
% of Operating Profit -41.4% 84.76%
Other Income/Expense, Net -$35.00K -$53.00K -$122.0K
YoY Change 25.0% 47.22% -34.41%
Pretax Income -$626.0K $550.0K $130.0K
YoY Change -24.58% -49.91% -89.66%
Income Tax -$302.0K $443.0K $112.0K
% Of Pretax Income 80.55% 86.15%
Net Earnings -$324.0K $107.0K $18.00K
YoY Change -11.96% -72.35% -98.73%
Net Earnings / Revenue -1.07% 0.37% 0.02%
Basic Earnings Per Share -$0.02 $0.00
Diluted Earnings Per Share -$0.02 $0.01 $0.00
COMMON SHARES
Basic Shares Outstanding 20.89M shares 20.66M shares 20.65M shares
Diluted Shares Outstanding 20.85M shares 21.55M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $256.0K $165.0K $165.0K
YoY Change -36.79% -11.29% -11.29%
Cash & Equivalents $256.0K $165.0K $165.0K
Short-Term Investments
Other Short-Term Assets $3.752M $2.922M $2.922M
YoY Change 45.15% 15.27% 15.27%
Inventory $5.644M $4.821M $4.821M
Prepaid Expenses
Receivables $18.27M $16.87M $16.87M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $27.92M $24.78M $24.78M
YoY Change 20.03% 12.3% 12.3%
LONG-TERM ASSETS
Property, Plant & Equipment $4.391M $4.385M $50.79M
YoY Change 0.37% -3.05% 0.83%
Goodwill $3.710M $3.710M
YoY Change 0.0% 0.0%
Intangibles $8.188M $8.436M
YoY Change -19.87% -22.82%
Long-Term Investments
YoY Change
Other Assets $425.0K $80.00K $11.67M
YoY Change -69.2% -83.01% 11.1%
Total Long-Term Assets $74.34M $74.61M $74.61M
YoY Change -0.85% -1.21% -1.21%
TOTAL ASSETS
Total Short-Term Assets $27.92M $24.78M $24.78M
Total Long-Term Assets $74.34M $74.61M $74.61M
Total Assets $102.3M $99.39M $99.39M
YoY Change 4.1% 1.85% 1.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.368M $8.341M $8.341M
YoY Change -10.6% 6.09% 6.09%
Accrued Expenses $892.0K
YoY Change -10.62%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Total Short-Term Liabilities $13.93M $14.47M $14.47M
YoY Change -0.08% 12.18% 12.18%
LONG-TERM LIABILITIES
Long-Term Debt $36.39M $33.16M $33.16M
YoY Change 4.58% 1.25% 1.25%
Other Long-Term Liabilities $3.684M $3.761M $3.761M
YoY Change 6.75% 2.48% 2.48%
Total Long-Term Liabilities $36.39M $33.16M $36.92M
YoY Change 4.58% 1.25% 1.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $13.93M $14.47M $14.47M
Total Long-Term Liabilities $36.39M $33.16M $36.92M
Total Liabilities $54.00M $51.39M $51.39M
YoY Change 3.48% 4.2% 4.2%
SHAREHOLDERS EQUITY
Retained Earnings -$59.82M -$59.34M
YoY Change 2.65% 10.09%
Common Stock $2.000K $2.000K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $48.26M $48.00M $48.00M
YoY Change
Total Liabilities & Shareholders Equity $102.3M $99.39M $99.39M
YoY Change 4.1% 1.85% 1.85%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$324.0K $107.0K $18.00K
YoY Change -11.96% -72.35% -98.73%
Depreciation, Depletion And Amortization $2.955M $3.104M $10.87M
YoY Change 9.2% -15.1% 4.85%
Cash From Operating Activities -$151.0K $4.566M $17.52M
YoY Change -103.7% 23.04% -4.36%
INVESTING ACTIVITIES
Capital Expenditures $317.0K $4.053M $982.0K
YoY Change 78.09% -163.29% 0.2%
Acquisitions
YoY Change
Other Investing Activities $1.234M $1.001M $3.598M
YoY Change 27.74% 28.83% -177.23%
Cash From Investing Activities -$3.051M -$3.052M -$11.48M
YoY Change 42.37% -45.76% -46.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $5.459M
YoY Change 874.82%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $3.293M -1.712M -$6.060M
YoY Change -291.9% -188.38% -6.24%
NET CHANGE
Cash From Operating Activities -$151.0K 4.566M $17.52M
Cash From Investing Activities -$3.051M -3.052M -$11.48M
Cash From Financing Activities $3.293M -1.712M -$6.060M
Net Change In Cash $91.00K -198.0K -$21.00K
YoY Change -58.45% -1042.86% -99.78%
FREE CASH FLOW
Cash From Operating Activities -$151.0K $4.566M $17.52M
Capital Expenditures $317.0K $4.053M $982.0K
Free Cash Flow -$468.0K $513.0K $16.54M
YoY Change -112.0% -94.93% -4.62%

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980000 usd
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1094000 usd
CY2022 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
3598000 usd
CY2021 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
3317000 usd
CY2020 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
4752000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-11478000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-21315000 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-12162000 usd
CY2022 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
42035000 usd
CY2021 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
81660000 usd
CY2020 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
37180000 usd
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
42022000 usd
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
76191000 usd
CY2020 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
37587000 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
386000 usd
CY2020 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
CY2022 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
750000 usd
CY2021 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 usd
CY2020 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5459000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
560000 usd
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1193000 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1172000 usd
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1714000 usd
CY2022 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
1355000 usd
CY2021 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
1124000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6060000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9648000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
1310000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
1113000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
1214000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
153000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
171000 usd
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
102000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1902000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1590000 usd
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
793000 usd
CY2022 infu Noncash Or Part Noncash Acquisition Contingent Consideration Arrangements Change In Amount Of Contingent Consideration
NoncashOrPartNoncashAcquisitionContingentConsiderationArrangementsChangeInAmountOfContingentConsideration
0 usd
CY2021 infu Noncash Or Part Noncash Acquisition Contingent Consideration Arrangements Change In Amount Of Contingent Consideration
NoncashOrPartNoncashAcquisitionContingentConsiderationArrangementsChangeInAmountOfContingentConsideration
750000 usd
CY2020 infu Noncash Or Part Noncash Acquisition Contingent Consideration Arrangements Change In Amount Of Contingent Consideration
NoncashOrPartNoncashAcquisitionContingentConsiderationArrangementsChangeInAmountOfContingentConsideration
0 usd
CY2022 infu Noncash Activities Proceeds From Stock Plans
NoncashActivitiesProceedsFromStockPlans
0 usd
CY2021 infu Noncash Activities Proceeds From Stock Plans
NoncashActivitiesProceedsFromStockPlans
36000 usd
CY2020 infu Noncash Activities Proceeds From Stock Plans
NoncashActivitiesProceedsFromStockPlans
0 usd
CY2022Q4 infu Medical Equipment In Rental Service Net Of Accumulated Depreciation
MedicalEquipmentInRentalServiceNetOfAccumulatedDepreciation
39450000 usd
CY2022 us-gaap Basis Of Accounting
BasisOfAccounting
Basis of Presentation and Nature of Operations<div style="margin-top:10pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">InfuSystem Holdings, Inc. and its consolidated subsidiaries (the “Company”) are a leading national provider of infusion pumps and related products and services for patients in the home, oncology clinics, ambulatory surgery centers, and other sites of care from seven locations in the United States ("U.S.") and Canada. The Company provides products and services to hospitals, oncology practices and facilities and other alternate site health care providers. Headquartered in Rochester Hills, Michigan, the Company delivers local, field-based customer support, and also operates pump service and repair Centers of Excellence in Michigan, Kansas, California, Massachusetts, Texas and Ontario, Canada. InfuSystem Inc. (“ISI”) and First Biomedical, Inc. ("First Biomedical") are both operating subsidiaries of the Company.</span></div><div style="margin-top:10pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s core service is to supply electronic ambulatory infusion pumps and associated disposable supply kits to oncology clinics, infusion clinics and hospital outpatient chemotherapy clinics to be utilized in the treatment of a variety of cancers including colorectal cancer, pain management and other disease states. The majority of the Company’s pumps are electronic infusion pumps. Smiths Medical, Inc. and Moog Medical Devices Group each supplied more than 10% of the ambulatory pumps purchased by the Company in 2022. The Company has a supply agreement in place with each of these suppliers. Certain “spot” purchases are made on the open market subject to individual negotiation. The Company also supplies Negative Pressure Wound Therapy (“NPWT”) medical equipment, as well as related disposables and ancillary supplies.</span></div><div style="margin-top:10pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In addition, the Company sells or rents new and pre-owned pole-mounted and ambulatory infusion pumps to, and provides biomedical recertification, maintenance and repair services for oncology practices, as well as other alternate site settings including home care and home infusion providers, skilled nursing and acute care facilities, pain centers and others.</span></div><div style="margin-top:10pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company purchases new and pre-owned pole-mounted and ambulatory infusion pumps from a variety of sources on a non-exclusive basis. The Company repairs, refurbishes and provides biomedical certification for the devices as needed. The pumps are then available for sale, rental or to be used within the Company’s ambulatory infusion pump management service.</span></div><div style="margin-top:10pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the U.S. (“GAAP”) and the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”).</span></div>
CY2022 infu Number Of Locations
NumberOfLocations
7 location
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 lease
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="margin-top:10pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates, assumptions and judgments that affect the amounts reported in the financial statements, including the notes thereto. The Company considers critical accounting policies to be those that require more significant judgments and estimates in the preparation of its consolidated financial statements, including the following: revenue recognition, leases, accounts receivable and allowance for doubtful accounts, income taxes, equity compensation valuations, and long-lived asset valuations. Management relies on historical experience and other assumptions believed to be reasonable in making its judgments and estimates. Actual results could differ materially from those estimates.</span></div>
CY2022Q4 infu Medical Equipment Net
MedicalEquipmentNet
42240000 usd
CY2022Q4 infu Number Of Financial Institutions
NumberOfFinancialInstitutions
2 financial_institution
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1100000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1100000 usd
CY2022 infu Medical Equipment In Rental Services Useful Life
MedicalEquipmentInRentalServicesUsefulLife
P7Y
CY2022Q4 infu Medical Equipment In Rental Services Reserve
MedicalEquipmentInRentalServicesReserve
2300000 usd
CY2021Q4 infu Medical Equipment In Rental Services Reserve
MedicalEquipmentInRentalServicesReserve
1100000 usd
CY2022 infu Medical Equipment Increase In Pump Reserve
MedicalEquipmentIncreaseInPumpReserve
400000 usd
CY2022 infu Depreciation Expense Related To Medical Equipment
DepreciationExpenseRelatedToMedicalEquipment
9800000 usd
CY2022Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
0 usd
CY2021Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
300000 usd
CY2022 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
100000 usd
CY2021 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
1600000 usd
CY2020 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
1900000 usd
CY2022 infu Medical Equipment Increase In Pump Reserve
MedicalEquipmentIncreaseInPumpReserve
400000 usd
CY2022Q4 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P9Y
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Customer Concentration</span></div><div style="margin-top:10pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of December 31, 2022, the Company had contracts with nearly 800 third-party payer networks, an increase of 4% over the prior year period. Material terms of contracts with third-party payer organizations are typically a pre-negotiated fee </span></div>schedule rate or a then-current proprietary fee schedule rate for equipment and supplies provided. The majority of these contracts generally provide for a term of one year, with automatic one-year renewals, unless the Company or the contracted payer elect not to renew. The Company also contracts with various other third-party payer organizations, Medicaid, commercial Medicare replacement plans, self-insured plans, facilities of its Medicare patients and numerous other insurance carriers. No single payer or customer represented more than 10% of the Company's net revenue in 2022, 2021 or 2020.
CY2022Q4 infu Number Of Contracts With Third Parties
NumberOfContractsWithThirdParties
800 network
CY2022 infu Percentage Increase In Number Of Contracts
PercentageIncreaseInNumberOfContracts
0.04
CY2022 infu Term Of Contract
TermOfContract
P1Y
CY2022 infu Term Of Renewal
TermOfRenewal
P1Y
CY2021 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
3500000 shares
CY2022 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
0 shares
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
52572000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
18000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
1420000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
17332000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20648818 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20519958 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20106940 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
898488 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1529701 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1610276 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21547306 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22049659 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21717216 shares
CY2022Q4 infu Medical Equipment Held For Sale Or Rental
MedicalEquipmentHeldForSaleOrRental
2790000 usd
CY2022Q4 infu Medical Equipment In Rental Services Gross
MedicalEquipmentInRentalServicesGross
99163000 usd
CY2022Q4 infu Medical Equipment In Rental Services Reserve
MedicalEquipmentInRentalServicesReserve
2270000 usd
CY2021 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
7650000 usd
CY2021 infu Working Capital
WorkingCapital
325000 usd
CY2021 us-gaap Business Combination Consideration Transferred Liabilities Incurred
BusinessCombinationConsiderationTransferredLiabilitiesIncurred
750000 usd
CY2021 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
8725000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
725000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory
74000 usd
CY2021Q4 infu Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Medical Equipment Held For Sale Or Rental
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedMedicalEquipmentHeldForSaleOrRental
40000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
161000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
4015000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
3710000 usd
CY2021Q4 infu Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Operating Lease Right Of Use Asset
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOperatingLeaseRightOfUseAsset
288000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Capital Lease Obligation
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCapitalLeaseObligation
288000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
8725000 usd
CY2021 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
200000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
4015000 usd
CY2021 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P11Y2M12D
CY2021 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
103152000 usd
CY2020 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
100032000 usd
CY2021 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
1936000 usd
CY2020 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
16498000 usd
CY2022Q4 infu Medical Equipment In Rental Services Accumulated Depreciation
MedicalEquipmentInRentalServicesAccumulatedDepreciation
57443000 usd
CY2022 us-gaap Revenues
Revenues
109914000 usd
CY2021 us-gaap Revenues
Revenues
102382000 usd
CY2020 us-gaap Revenues
Revenues
97388000 usd
CY2022Q4 infu Medical Equipment Held For Sale Or Rental Gross
MedicalEquipmentHeldForSaleOrRentalGross
2802000 usd
CY2022Q4 infu Medical Equipment For Sale Or Rental Reserve
MedicalEquipmentForSaleOrRentalReserve
12000 usd
CY2021Q4 infu Medical Equipment For Sale Or Rental Reserve
MedicalEquipmentForSaleOrRentalReserve
46000 usd
CY2022Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
2000000 usd
CY2022Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
2000000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
44136000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
8436000 usd
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
53802000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
42872000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
10930000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2500000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4300000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
990000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
990000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
810000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
525000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
471000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
2650000 usd
CY2022Q4 infu Long Term Debt Gross Current
LongTermDebtGrossCurrent
0 usd
CY2022Q4 infu Long Term Debt Gross Noncurrent
LongTermDebtGrossNoncurrent
33384000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
33384000 usd
CY2021Q4 infu Long Term Debt Gross Current
LongTermDebtGrossCurrent
423000 usd
CY2021Q4 infu Long Term Debt Gross Noncurrent
LongTermDebtGrossNoncurrent
32974000 usd
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
33397000 usd
CY2022Q4 infu Unamortized Debt Issuance Expense Current
UnamortizedDebtIssuanceExpenseCurrent
0 usd
CY2022Q4 infu Unamortized Debt Issuance Expense Noncurrent
UnamortizedDebtIssuanceExpenseNoncurrent
227000 usd
CY2022Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
227000 usd
CY2021Q4 infu Unamortized Debt Issuance Expense Current
UnamortizedDebtIssuanceExpenseCurrent
74000 usd
CY2021Q4 infu Unamortized Debt Issuance Expense Noncurrent
UnamortizedDebtIssuanceExpenseNoncurrent
226000 usd
CY2021Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
300000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
33157000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
33157000 usd
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
349000 usd
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
32748000 usd
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
33097000 usd
CY2022 us-gaap Interest Expense
InterestExpense
1400000 usd
CY2021 us-gaap Interest Expense
InterestExpense
1400000 usd
CY2020 us-gaap Interest Expense
InterestExpense
1300000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
63000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1033000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
6623000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
67000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
224000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
920000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
130000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1257000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
7543000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
11000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-44000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-150000 usd
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-8346000 usd
CY2022 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
-44000 usd
CY2021 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
-150000 usd
CY2020 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
-8335000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
99000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
167000 usd
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
66000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
65000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-3000 usd
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1725000 usd
CY2022 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
164000 usd
CY2021 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
164000 usd
CY2020 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
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