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Sales-Type Leases
6 Months Ended
Jun. 30, 2024
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)2024202320242023
Equipment sales$1,554 $19,603 $4,572 $43,775 
Cost of equipment sales1,229 19,415 4,051 42,640 
Gross profit$325 $188 $521 $1,135 
As these transactions remained under rental contracts, $5.6 million and $7.9 million for the three months ended June 30, 2024 and 2023, respectively, and $11.0 million and $15.1 million for the six months ended June 30, 2024 and 2023, respectively, were billed under the contracts as rentals. Interest income from financing receivables was $3.3 million and $4.4 million for the three months ended June 30, 2024 and 2023, respectively, and $6.0 million and $7.8 million for the six months ended June 30, 2024 and 2023, respectively.