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

NOTE 6 – ACCOUNTS AND OTHER RECEIVABLES

The Company extends credit based upon an evaluation of the customer’s financial condition and, while collateral is not required, the Company periodically receives surety bonds that guarantee payment. Credit terms are consistent with industry standards and practices. Reserves for uncollectible accounts, if any, are recorded as part of general and administrative expenses in the consolidated statements of operations. No reserve expense was recorded for the three and six months ended June 30, 2026 and 2025.

Accounts and other receivables consist of the following as of June 30, 2026, December 31, 2025 and 2024:

 

June 30, 2026

 

December 31, 2025

 

December 31, 2024

 

Accounts receivables

$

4,914

 

$

6,578

 

$

7,869

 

Other receivables

 

639

 

 

2,589

 

 

294

 

Reimbursable expenses

 

1

 

 

 

9

 

Accounts and other receivables, net

$

5,554

 

$

9,167

 

$

8,172