Accounts Receivable, Net

12 Months Ended

Dec. 31, 2021

Receivables [Abstract]

Accounts Receivable, Net

6. Accounts Receivable, Net

The accounts receivable, net as of December 31, 2021 and 2020 consisted of the following: 

	December 31,			December 31,
	2021			2020
Accounts receivable	$	25,419		$	17,306
Less: Allowance for credit losses		(2,820	)		(245	)
Accounts receivable, net	$	22,599		$	17,061

The movements of allowance for credit losses are as follows: 

	2021			2020			2019
Balance as of January 1	$	245		$	462		$	633
Addition		2,760			187			101
Reversal		(25	)		(12	)		(225	)
Written off		(150	)		(396	)		(45	)
Foreign currency translation difference		(10	)		4			(2	)
Balance as of December 31	$	2,820		$	245		$	462

On March 18, 2019, SJ Australia, entered into debtor finance agreements with Scottish Pacific (BFS) Pty Ltd. (“Scottish Pacific”), whereby Scottish Pacific provided SJ Australia invoice discounting facility (see Note 14). On February 26, 2021, SJ US entered into debtor finance agreements with LSQ, whereby LSQ provided SJ US invoice discounting facility (see Note 14). As of December 31, 2021 and 2020, all the outstanding accounts receivable of SJ Australia and SJ US was pledged to Scottish Pacific and LSQ for a total gross amount of $18,112 and $9,683, respectively.