Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.21.1
Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Schedule of Revenues, Operating Expenses and Operating Income (Loss) by Reportable Segment

The following tables present revenues, operating expenses and operating (loss) income by reportable segment:

 

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

 

    Three Months Ended March 31, 2020  
    ($ in thousands)  
    Healthcare IT     Practice Management     Unallocated Corporate Expenses     Total  
Net revenue   $ 18,841     $ 3,026     $ -     $ 21,867  
Operating expenses:                                
Direct operating costs     11,166       2,401       -       13,567  
Selling and marketing     1,572       9       -       1,581  
General and administrative     3,881       556       1,156       5,593  
Research and development     2,333       -       -       2,333  
Depreciation and amortization     1,254       79       -       1,333  
Impairment charges     297       -       -       297  
Total operating expenses     20,503       3,045       1,156       24,704  
Operating loss   $ (1,662 )   $ (19 )   $ (1,156 )   $ (2,837 )