Quarterly report pursuant to Section 13 or 15(d)

SEGMENT REPORTING (Tables)

v3.22.1
SEGMENT REPORTING (Tables)
3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
SCHEDULE OF REVENUES, OPERATING EXPENSES AND OPERATING INCOME (LOSS) BY REPORTABLE SEGMENT

 

    Three Months Ended March 31, 2022  
    ($ in thousands)  
    Healthcare IT    

Medical

Practice Management

   

Unallocated Corporate

Expenses

    Total  
Net revenue   $ 32,153     $ 3,188     $     $ 35,341  
Operating expenses:                                
Direct operating costs     20,011       2,662             22,673  
Selling and marketing     2,376       8             2,384  
General and administrative     3,400       437       1,748       5,585  
Research and development     985                   985  
Change in contingent consideration     (600 )                 (600 )
Depreciation and amortization     2,852       88             2,940  
Net loss on lease termination, impairment and unoccupied lease charges     158                   158  
Total operating expenses     29,182       3,195       1,748       34,125  
Operating income (loss)   $ 2,971     $ (7 )   $ (1,748 )   $ 1,216  

 

    Three Months Ended March 31, 2021  
    ($ in thousands)  
    Healthcare IT    

Medical

Practice Management

   

Unallocated Corporate

Expenses

    Total  
Net revenue   $ 27,033     $ 2,735     $     $ 29,768  
Operating expenses:                                
Direct operating costs     15,987       2,073             18,060  
Selling and marketing     1,882       8             1,890  
General and administrative     3,426       520       1,678       5,624  
Research and development     2,026                   2,026  
Depreciation and amortization     2,749       82             2,831  
Impairment charges and unoccupied lease charges     1,018                   1,018  
Total operating expenses     27,088       2,683       1,678       31,449  
Operating (loss) income   $ (55 )   $ 52     $ (1,678 )   $ (1,681 )