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Schedule II - Valuation and Qualifying Accounts
12 Months Ended
Dec. 31, 2023
Notes to Financial Statements  
SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]

UFP TECHNOLOGIES, INC.

 

Consolidated Financial Statement Schedule

 

Valuation and Qualifying Accounts

 

Years ended December 31, 2023, 2022, and 2021

 

Accounts receivable, allowance for credit losses:

 

   

2023

   

2022

   

2021

 

Balance at beginning of year

  $ 733     $ 519     $ 484  

Provision for bad debt

    15       293       179  

Write-offs, net of recoveries

    (21 )     (40 )     (144 )

Sale of Molded Fiber business

    -       (39 )     -  

Balance at end of year

  $ 727     $ 733     $ 519