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Revenue
 3 Months Ended
Mar. 31, 2025
Revenue Recognition [Abstract]  
Revenue Revenue
The following table presents the Company’s disaggregated revenue by offering type (in thousands):
 Three Months Ended
March 31,
 20252024
 
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$638 1.8 %$615 1.9 %
Third-Party Payer products3,951 11.4 %1,872 5.9 %
Patient Services revenue recognized over time:
Direct rental services1,914 5.5 %3,572 11.2 %
Third-Party Payer rental services12,215 35.2 %10,977 34.3 %
Total Patient Services accounted for under ASC 60618,718 53.9 %17,036 53.2 %
Device Solutions revenue recognized at a point in time:
Products4,002 11.5 %4,213 13.2 %
Services
2,350 6.8 %2,409 7.5 %
Device Solutions revenue recognized over time:
Services
1,855 5.3 %1,969 6.2 %
Total Device Solutions accounted for under ASC 6068,207 23.6 %8,591 26.9 %
Total Revenue Accounted for under ASC 60626,925 77.6 %25,627 80.1 %
Patient Services lease revenue
2,056 5.9 %1,555 4.9 %
Device Solutions lease revenue
5,735 16.5 %4,813 15.0 %
Total Revenue accounted for under ASC 842, Leases7,791 22.4 %6,368 19.9 %
Total Net Revenue$34,716 100.0 %$31,995100.0 %

Contract Balances
(dollars in thousands)
As of March 31, 2025
As of December 31, 2024
$ Change
Accounts receivable, net$23,892 $21,155 $2,737 
Contract assets$714 $570 $144 
Contract liabilities$25 $— $25 
The change in contract assets during the three months ended March 31, 2025 included $2.4 million of revenue recognized for which the payment is subject to conditions other than the passage of time, which was fully offset by $2.3 million of contract assets reclassified to accounts receivable as our right to consideration for these contract assets became unconditional. Contract assets are included in other current assets on the Company's condensed consolidated balance sheets.
The change in contract liabilities during the three months ended March 31, 2025 was mainly due to the increase in the value of products and services billed to customers for which control of the products and services has not transferred to the customers. Contract liabilities are included in other current liabilities on the Company's condensed consolidated balance sheets.