Acquisition of Telerhythmics (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

As of December 31, 2014, the allocation of the purchase price to the assets acquired and liabilities assumed on the acquisition date was as follows (in thousands):



	Allocation of purchase price
Assets
Current assets:
Accounts receivable, net	$	256
Other current assets	34
Total current assets	290

Property and equipment, net	290
Intangible assets, net	2,580
Goodwill	1,153
Total assets	$	4,313

Liabilities
Current liabilities:
Accounts payable	$	36
Accrued compensation	169
Other accrued liabilities	356
Current portion of long-term debt	131
Total current liabilities	692
Other liabilities	174
Total liabilities	$	866

Business Acquisition, Pro Forma Information

The below tables display estimated pro forma results had the business acquisition been completed as of January 1, 2013. In deriving the pro forma results, we utilized the historical operating results of Telerhythmics and adjusted for the impact of the purchase accounting and transaction costs as if the acquisition occurred on January 1, 2013.



	Year Ended December 31, (unaudited)
(in thousands)	2014		2013
Revenues	$	56,763	$	55,494
Net income	$	2,688	$	247

Condensed Income Statement

Included within our consolidated operating results for the year ended December 31, 2014 are Telerhythmics operations for the period March 14, 2014 through December 31, 2014 as follows:



(in thousands)	Year Ended December 31, 2014 (unaudited)
Revenues	$	3,926
Net loss	$	(777	)