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Accounts Receivable and Significant Client
3 Months Ended
Sep. 30, 2024
Receivables [Abstract]  
Accounts Receivable and Significant Client ACCOUNTS RECEIVABLE AND SIGNIFICANT CLIENT
Accounts receivable, net in the accompanying consolidated balance sheets, consists of the following:

September 30,June 30,
($000s)20242024
Accounts receivable$106,198 $98,438 
Less: Allowance for credit losses(155)(72)
Accounts receivable, net$106,043 $98,366 

The Company will write-off accounts receivable against the allowance when it determines a balance is uncollectible. The Company did not have any write-offs for the three months ended September 30, 2024 and 2023.

Activity in the Company’s allowance for credit losses consists of the following:

Three Months Ended
September 30,
($000s)20242023
Beginning balance$72 $120 
Provision for credit losses83 11 
Ending balance$155 $131 

Significant Client

During the three months ended September 30, 2024 and 2023, the Company had one client that contributed approximately 11% and 12% of total revenue, respectively.

To limit the Company’s credit risk with its clients, management regularly monitors the aging of customer receivables, maintains allowances for credit losses and may require prepayment for services from certain clients. Based on currently available information, management does not believe significant credit risk exists as of September 30, 2024.