v3.26.1
Accounts Receivable, Net
6 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
Accounts Receivable, Net
6.
Accounts Receivable, Net

Accounts receivable, net consisted of the following:

 

 

 

June 30,
2026

 

 

December 31,
2025

 

 

 

(in thousands)

 

Accounts receivable

 

$

18,225

 

 

$

17,274

 

Less: allowance for credit losses

 

 

(172

)

 

 

(156

)

Accounts receivable, net

 

$

18,053

 

 

$

17,118

 

 

Accounts receivable are stated at the amount expected to be collected. The allowance for credit losses reflects expected losses on accounts receivable based primarily on historical experience and customer credit quality. The allowance for credit losses and related write-offs were not material for the periods presented.