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Revenue (Tables)
3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of the Company’s Disaggregated Revenue
The following table presents the Company’s disaggregated revenue by offering type (in thousands):
 Three Months Ended
March 31,
 20242023
 
Total Net
Revenues
Percentage of
Total Net
Revenues
Total Net
Revenues
Percentage of
Total Net
Revenues
Patient Services revenue recognized at a point in time:
Direct products$615 1.9 %$579 1.9 %
Third-Party Payer products1,872 5.9 %3,408 11.2 %
Patient Services revenue recognized over time:
Direct rental services3,572 11.2 %1,869 6.2 %
Third-Party Payer rental services10,977 34.3 %11,020 36.3 %
Total Patient Services accounted for under ASC 60617,036 53.2 %16,876 55.6 %
Device Solutions revenue recognized at a point in time:
Products4,213 13.2 %3,740 12.3 %
Services
2,409 7.5 %2,576 8.5 %
Device Solutions revenue recognized over time:
Services
1,969 6.2 %774 2.5 %
Total Device Solutions accounted for under ASC 6068,591 26.9 %7,090 23.3 %
Total Revenue Accounted for under ASC 60625,627 80.1 %23,966 78.9 %
Patient Services lease revenue
1,555 4.9 %1,897 6.2 %
Device Solutions lease revenue
4,813 15.0 %4,507 14.8 %
Total Revenue accounted for under ASC 842, Leases6,368 19.9 %6,404 21.1 %
Total Net Revenue$31,995 100.0 %$30,370100.0 %
Schedule of Accounts, Notes, Loans and Financing Receivable
(dollars in thousands)
As of March 31, 2024
As of December 31, 2023
$ Change
Accounts receivable, net$20,543 $19,830 $713 
Contract assets$1,332 $1,271 $61