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Accounts receivable, net
12 Months Ended
Dec. 31, 2019
Accounts receivable, net  
Accounts receivable, net

5. Accounts receivable, net

 

 

 

 

 

 

 

 

 

 

December 31, 

 

    

2019

    

2018

Trade accounts receivable

 

$

23,138,736

 

$

22,331,720

Receivable from OC-BVI

 

 

10,808

 

 

46,600

Other accounts receivable

 

 

222,381

 

 

242,799

 

 

 

23,371,925

 

 

22,621,119

Allowance for doubtful accounts

 

 

(142,236)

 

 

(158,902)

Accounts receivable, net

 

$

23,229,689

 

$

22,462,217

 

The activity for the allowance for doubtful accounts consisted of:

 

 

 

 

 

 

 

 

 

 

December 31, 

 

    

2019

    

2018

Opening allowance for doubtful accounts

 

$

158,902

 

$

158,902

Provision for doubtful accounts

 

 

 —

 

 

 —

Accounts written off during the year

 

 

(16,666)

 

 

 —

Ending allowance for doubtful accounts

 

$

142,236

 

$

158,902

 

Significant concentrations of credit risk are disclosed in Note 21.