Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Accounts Receivable

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Note 7 - Accounts Receivable
3 Months Ended
Mar. 31, 2024
Accounts Receivable [Member]  
Notes to Financial Statements  
Accounts and Nontrade Receivable [Text Block]

Note 7. Accounts Receivable

 

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

 

                 
   

March 31, 2024

   

December 31, 2023

 
   

(Unaudited)

   

(Audited)

 

Gross accounts receivable – trade

  $ 13,202     $ 9,195  

Less: allowance for doubtful accounts

    (274 )     (272 )

Accounts receivable – trade, net

  $ 12,928     $ 8,923  

 

The Company increased the allowance for credit losses in the amount of approximately $2,000 and $0 for the three months ended March 31, 2024 and 2023, respectively. 

 

Accounts receivable – trade, net for the Company as of January 1, 2023 and  March 31, 2023 were approximately $0.4 million and $1.0 million, respectively.