Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Accounts Receivable

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Note 8 - Accounts Receivable
6 Months Ended
Jun. 30, 2024
Accounts Receivable [Member]  
Notes to Financial Statements  
Accounts and Nontrade Receivable [Text Block]

Note 8. Accounts Receivable

 

At June 30, 2024 and December 31, 2023, accounts receivable consisted of the following (in thousands):

 

   

June 30, 2024

   

December 31, 2023

 
   

(Unaudited)

   

(Audited)

 

Gross accounts receivable – trade

  $ 10,587     $ 9,195  

Less: allowance for doubtful accounts

    (218 )     (272 )

Accounts receivable – trade, net

  $ 10,369     $ 8,923  

 

The Company decreased the allowance for credit losses in the amount of approximately $54,000 and $0 for the six months ended June 30, 2024 and 2023, respectively. 

 

Accounts receivable – trade, net for the Company as of January 1, 2023 and  June 30, 2023 were approximately $0.4 million and $0.6 million, respectively.