v3.26.1
ACCOUNTS RECEIVABLE
12 Months Ended
Dec. 31, 2025
Receivables [Abstract]  
ACCOUNTS RECEIVABLE ACCOUNTS RECEIVABLE
The components of accounts receivable, net, from revenue from contracts with customers include the following:
December 31,
2025
December 31,
2024
Accounts receivable$52,631 $62,745 
Investment banking fees, commissions and other receivables8,950 12,008 
Total accounts receivable61,581 74,753 
Allowance for credit losses(6,108)(6,100)
Accounts receivable, net (1)
$55,473 $68,653 
(1) The beginning balances of accounts receivable, net, were $68,653 and $81,956 during the years end December 31, 2025 and 2024, respectively.
Additions and changes to the allowance for credit losses consist of the following:
Year Ended December 31,
20252024
Balance, beginning of period$6,100 $4,373 
Changes to reserve4,022 3,628 
Other adjustments and write-offs(3,997)(1,976)
Recoveries(17)75 
Balance, end of period$6,108 $6,100