ACCOUNTS RECEIVABLE, NET

12 Months Ended

Dec. 31, 2024

ACCOUNTS RECEIVABLE, NET

ACCOUNTS RECEIVABLE, NET

NOTE 8.           ACCOUNTS RECEIVABLE, NET

We record accounts receivable at net realizable value. Our accounts receivable, net balance on the Consolidated Balance Sheets was $265.3 million at December 31, 2024. The following table summarizes the changes in expected credit losses related to receivables:

	Years Ended December 31,
	2024		2023		2022
	(in thousands)
Balance at beginning of period	$	1,762	$	1,814	$	5,784
Additions		94		220		441
Deductions - write-offs, net of recoveries		(932)		(281)		(4,381)
Foreign currency translation		—		9		(30)
Balance at end of period	$	924	$	1,762	$	1,814