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2. Accounts Receivable
12 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
Accounts Receivable

At December 31, 2017 and 2018, the carrying value of the Company’s accounts receivable has been reduced to anticipated realizable value. As a result of this reduction of carrying value, the Company anticipates that substantially all of its net receivables reflected on the Consolidated Balance Sheets as of December 31, 2017 and 2018 will be collected. The allowance to reduce the receivables to anticipated net realizable value at December 31, 2017 was $1.5 million and at December 31, 2018 was $4.3 million.

 

Adjustments for the valuation of receivables has been $1.1 in 2016, $440,000 in 2017 and $4.1 million in 2018.