Accounts Receivable, net

6 Months Ended

Jun. 30, 2024

Receivables [Abstract]

Accounts Receivable, net

3. Accounts Receivable, net

Accounts receivables consist of the following at:

(Dollars in thousands)	June 30, 2024			December 31, 2023
Data hosting	$	1,892		$	2,456
Related party receivable		8			8
Demand response service receivable		1,436			268
Proprietary mining Coinbase receivable		98			216
Other		244			-
Allowance for expected credit losses		(244	)		-
Total	$	3,434		$	2,948

The Company’s allowance for expected credit loss was $244 as of June 30, 2024 and $0 as of December 31, 2023. In the three months ended June 30, 2024, one of the Company’s borrower from a note receivable was having financial difficulty and securing financing, as such the Company fully reserved the note balance and incurred a provision on credit loss of approximately $244 thousand.