v3.22.2.2
BALANCE SHEET AND OTHER INFORMATION (Tables)
9 Months Ended
Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Inventory
The following table presents detail of inventory balances:
September 30,December 31,
(in thousands)20222021
Inventory:
MedCenter hardware$2,464 $1,201 
Pharmaceuticals3,275 2,150 
Spare parts662 565 
Total inventory$6,401 $3,916 
Schedule of Prepaid Expenses and Other Current Assets
The following table presents prepaid expenses and other current assets balances:
September 30,December 31,
(in thousands)20222021
Prepaid expenses and other current assets:
Prepaid MedCenter inventory$2,204 $1,050 
Prepaid insurance292 509 
Other367 632 
Total prepaid expenses and other current assets$2,863 $2,191 
Schedule of Property, Plant and Equipment, Net and Useful Lives
The following table presents property, plant and equipment balances:
Estimated useful livesSeptember 30,December 31,
(in thousands)20222021
Property, plant and equipment:
MedCenter equipment
8 years
$7,525 $5,875 
IT equipment
1 - 3 years
2,390 2,361 
Leasehold improvementslesser of useful life or term of lease980 880 
General plant and equipment
5 - 8 years
619 603 
Office furniture and equipment
5 - 8 years
538 394 
Vehicles
5 years
54 54 
Construction-in-process481 1,021 
Total historical cost12,587 11,188 
Accumulated depreciation(6,217)(5,496)
Total property, plant and equipment, net$6,370 $5,692 
Schedule of Finite-Lived Intangible Assets, Net
The following table presents intangible asset balances:
September 30,December 31,
(in thousands)20222021
Gross intangible assets:
Intellectual property$3,857 $3,857 
Software5,321 4,475 
Website and mobile application583 583 
Total intangible assets9,761 8,915 
Accumulated amortization:
Intellectual property(3,857)(3,857)
Software(3,741)(2,175)
Website and mobile application(583)(583)
Total accumulated amortization(8,181)(6,615)
Total intangible assets, net$1,580 $2,300 
Schedule of Lease Assets and Liabilities
Balance sheet amounts for lease assets and leases liabilities are as follows:
September 30,December 31,
(in thousands)20222021
Assets:
Operating$2,110$2,376
Finance160162
Total assets$2,270$2,538
Liabilities:
Operating:
Current$632 $599 
Long-term1,673 1,947 
Finance:
Current96 83 
Long-term65 80 
Total liabilities$2,466 $2,709 
The following table summarizes the weighted-average remaining lease term and weighted-average discount rate related to the Company’s leases as follows:
September 30,December 31,
(in thousands)20222021
Operating leases:
Weighted-average remaining lease term (years)3.84.2
Weighted-average discount rate6.9 %6.9 %
Finance leases:
Weighted-average remaining lease term (years)1.81.5
Weighted-average discount rate8.6 %8.8 %
Schedule of Maturities of Operating Lease Liabilities
Maturities of operating leases liabilities as of September 30, 2022, are as follows, in thousands:
Remaining period in 2022$202 
2023755 
2024617 
2025534 
2026468 
202764 
Thereafter— 
Total lease payments2,640 
Less: present value discount(335)
Total leases$2,305 
Schedule of Maturities of Finance Lease Liabilities
Maturities of finance lease liabilities as of September 30, 2022, are as follows, in thousands:
Remaining period in 2022$30 
202391 
202449 
2025
Thereafter— 
Total finance lease payments174 
Less: imputed interest(13)
Total leases$161