| Accounts Receivable |
The following is the detail of accounts receivable as of March 31, 2026 and December 31, 2025: | | | | | | | | | | | | | | | | March 31, | | December 31, | | | 2026 | | 2025 | Trade accounts receivable | | $ | 2,024 | | $ | 2,003 | Less: allowance for credit losses | | | (40) | | | (40) | Net accounts receivable | | $ | 1,984 | | $ | 1,963 |
The activity in the allowance for credit losses is as follows: | | | | | | | | | | | | | | | | March 31, | | December 31, | | | 2026 | | 2025 | Balance - January 1 | | $ | (40) | | $ | (33) | Additions charged to expense | | | — | | | (24) | Deductions/Write-offs | | | — | | | 17 | Balance - December 31 | | $ | (40) | | $ | (40) |
Accounts receivable, net consist of the following: | | | | | | | | | | | | | | | | March 31, | | December 31, | | | 2026 | | 2025 | Balance - January 1 | | $ | 2,003 | | $ | 1,652 | Invoicing | | | 1,307 | | | 8,816 | Payments | | | (1,286) | | | (8,488) | Write-offs | | | — | | | 40 | Credit memos | | | — | | | (17) | | | $ | 2,024 | | $ | 2,003 |
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4.Accounts Receivable The following is the detail of accounts receivable as of December 31: | | | | | | | | | | | | | | | | 2025 | | 2024 | Trade accounts receivable | | $ | 2,003 | | $ | 1,652 | Less: allowance for credit losses | | | (40) | | | (33) | Net accounts receivable | | $ | 1,963 | | $ | 1,619 |
The activity in the allowance for credit losses is as follows: | | | | | | | | | | | | | | | | 2025 | | 2024 | Balance – January 1 | | $ | (33) | | $ | (52) | Additions charged to expense | | | (24) | | | (4) | Deductions/Write-offs | | | 17 | | | 23 | Balance – December 31 | | $ | (40) | | $ | (33) |
Accounts receivable, net consist of the following: | | | | | | | | | | | | | | | | December 31, | | December 31, | | | 2025 | | 2024 | Balance – January 1 | | $ | 1,652 | | $ | 2,614 | Invoicing | | | 8,816 | | | 7,610 | Payments | | | (8,488) | | | (8,401) | Write-offs | | | 40 | | | (33) | Credit memos | | | (17) | | | (138) | | | $ | 2,003 | | $ | 1,652 |
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