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ACCOUNTS RECEIVABLE
3 Months Ended
Mar. 31, 2022
ACCOUNTS RECEIVABLE  
NOTE 3 - ACCOUNTS RECEIVABLE

NOTE 3 – ACCOUNTS RECEIVABLE

 

As of March 31, 2022 and December 31, 2021, accounts receivable consisted of the following (in thousands):

 

 

 

March 31,

2022

 

 

December 31,

2021

 

 

 

 

 

 

 

 

Customer billed

 

$549

 

 

$437

 

Allowance for doubtful accounts

 

 

(80 )

 

 

(80 )

Accounts receivable, net

 

$469

 

 

$357

 

 

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.