ALLOWANCE FOR DOUBTFUL ACCOUNTS

12 Months Ended

Dec. 31, 2024

Allowance for Doubtful Accounts

Allowance for doubtful accounts

NOTE 5 – ALLOWANCE FOR DOUBTFUL ACCOUNTS

The following table identifies the changes in the Company’s allowance for doubtful accounts included in “Accounts receivable” on the accompanying Consolidated Balance Sheets as of December 31, 2024 and 2023 (in thousands):

	2024		2023
Allowance for doubtful accounts, balance at January 1	$	15,834	$	14,695
Reserve accruals		14,837		7,261
Uncollectable accounts written-off		(7,973)		(6,226)
Foreign currency translation		(153)		104
Allowance for doubtful accounts, balance at December 31	$	22,545	$	15,834