Sales-Type Leases

6 Months Ended

Jun. 30, 2022

Leases [Abstract]

Sales-Type Leases

Note 5: Sales-Type Leases

Revenue from sales-type leases was as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(in $000s)	2022		2021		2022		2021
Equipment sales	$	7,671	$	6,806	$	19,908	$	13,738
Cost of equipment sales	6,765		4,995		17,135		10,863
Gross profit (loss)	$	906	$	1,811	$	2,773	$	2,875

As these transactions remained under rental contracts, $5.2 million and $2.8 million for the three months ended June 30, 2022 and 2021, respectively, and $10.4 million and $5.9 million for the six months ended June 30, 2022 and 2021, respectively, were billed under the contracts as rentals. Interest income from financing receivables was $2.2 million and $1.5 million during the three months ended June 30, 2022 and 2021, respectively, and $5.1 million and $2.4 million during the six months ended June 30, 2022 and 2021, respectively.