Medical Equipment

12 Months Ended

Dec. 31, 2023

Medical equipment consisted of the following (in thousands):


	December 31, 2023		December 31, 2022
Medical Equipment for sale or rental	$	3,081	$	2,802
Medical Equipment for sale or rental - pump reserve	(32)		(12)
Medical Equipment for sale or rental - net	3,049		2,790

Medical Equipment in rental service	96,298		99,163
Medical Equipment in rental service - pump reserve	(2,126)		(2,270)
Accumulated depreciation	(59,244)		(57,443)
Medical Equipment in rental service - net	34,928		39,450

Total	$	37,977	$	42,240

Depreciation expense for medical equipment for the years ended December 31, 2023, 2022 and 2021 was $10.4 million, $9.8 million and $9.4 million, respectively, which were recorded in “cost of revenues” for each period. The pump reserve for medical equipment in rental service represents an estimate for medical equipment that is considered to be missing. The reserve calculated is equal to the net book value of assets that have not returned from the field within a certain timeframe. Sales of the Company's medical equipment are included in net revenue.