Sales-Type Leases

3 Months Ended

Mar. 31, 2023

Leases [Abstract]

Sales-Type Leases

Note 5: Sales-Type Leases

Revenue from sales-type leases was as follows:

	Three Months Ended March 31,
(in $000s)	2023		2022
Equipment sales	$	24,172	$	12,237
Cost of equipment sales	23,225		10,370
Gross profit (loss)	$	947	$	1,867

As these transactions remained under rental contracts, $7.2 million and $5.3 million for the three months ended March 31, 2023 and 2022, respectively, were billed under the contracts as rentals. Interest income from financing receivables was $3.4 million and $2.9 million for the three months ended March 31, 2023 and 2022, respectively.