ACCOUNTS RECEIVABLE

12 Months Ended

Dec. 31, 2024

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE

8.   ACCOUNTS RECEIVABLE

The following table presents the composition of accounts receivable, net as of December 31, 2024 and 2023 (in thousands):

	December 31,
	2024		2023
Gross accounts receivable - trade	$	25,285	$	16,577
Less: Allowances for credit losses		(1,930)		(795)
Accounts receivable, net	$	23,355	$	15,782

The following table presents a rollforward of the allowance for credit losses (in thousands):

	Balance at		Bad Debt	Write-offs of	Balance at
	Beginning of		Expense	Uncollectible	End of
	Period		Recognized	Balances	Period
Year ended December 31, 2022	$	(1,462)	(341)	155	$	(1,648)
Year ended December 31, 2023	$	(1,648)	(390)	1,243	$	(795)
Year ended December 31, 2024	$	(795)	(2,055)	920	$	(1,930)