v3.25.2
Sales-Type Leases
6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Sales-Type Leases
Note 3: Sales-Type Leases
Revenue from rental agreements qualifying as sales-type leases was as follows:
Three Months Ended June 30,Six Months Ended June 30,
(in $000s)2025202420252024
Equipment sales$984 $1,554 $3,145 $4,572 
Cost of equipment sales949 1,229 2,788 4,051 
Gross margin$35 $325 $357 $521 
As these transactions remained under rental contracts, $1.8 million and $5.6 million for the three months ended June 30, 2025 and 2024, respectively, and $3.7 million and $11.0 million for the six months ended June 30, 2025 and 2024, respectively, were billed under the contracts as rentals. Interest income from financing receivables was $1.3 million and $3.3 million for the three months ended June 30, 2025 and 2024, respectively, and $2.3 million and $6.0 million for the six months ended June 30, 2025 and 2024, respectively.