Accounts receivable, net

12 Months Ended

Dec. 31, 2025

Receivables [Abstract]

Accounts receivable, net

Note 7 — Accounts receivable, net

Accounts receivable, net consist of the following as of December 31, 2025 and 2024:

	As of
	December 31, 2025		December 31, 2024
Trade accounts receivable	$	73,864	$	63,990
Other receivables	5,092		4,763
Accounts receivable, gross	78,956		68,753
Less: Allowance for credit losses	(2,617)		(2,722)
Accounts receivable, net	$	76,339	$	66,031

The changes in the Company’s allowance for credit losses as of December 31, 2025 and 2024 were as follows:

Allowance for credit losses as of January 1, 2025	$	(2,722)
Provision	(977)
Charge-offs and recoveries	1,135
Effect of exchange rate difference	(53)
Allowance for credit losses as of December 31, 2025	$	(2,617)

Allowance for credit losses as of January 1, 2024	$	(6,717)
Provision	(414)
Charge-offs and recoveries	4,392
Effect of exchange rate differences	17
Allowance for credit losses as of December 31, 2024	$	(2,722)

Additional information about the Company’s exposure to credit and market risks and impairment losses for its accounts receivable is included in Note 27 — Fair value measurements and financial risk management.