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Accounts Receivables
12 Months Ended
Dec. 31, 2021
Accounts Receivables  
Accounts Receivable

NOTE 3 – ACCOUNTS RECEIVABLE

 

As of December 31, 2021, and 2020, accounts receivable consisted of the following (in thousands):

 

 

 

December 31,

2021

 

 

December 31,

2020

 

 

 

 

 

 

 

 

Customer billed

 

$437

 

 

$263

 

Allowance for doubtful accounts

 

 

(80 )

 

 

(39 )

Accounts receivable, net

 

$357

 

 

$224

 

 

                Customer billed accounts receivable represents amounts billed to clients that have yet to be collected.

 

                Allowances for doubtful accounts have been determined through specific identification of amounts considered to be uncollectible and potential write-offs, plus a non-specific allowance for other amounts for which some potential loss has been determined to be probable based on current and past experience.