v3.26.1
Accounts receivable, net (Tables)
6 Months Ended
Jun. 30, 2026
Accounts Receivable, after Allowance for Credit Loss [Abstract]  
Schedule of accounts receivable, net

Accounts receivable consisted of the following:

(in thousands)

 

June 30, 2026

 

 

December 31, 2025

 

Trade receivables

 

$

13,212

 

 

$

22,722

 

Revenue recognized in excess of billings

 

 

31,222

 

 

 

30,889

 

Other receivables

 

 

7,267

 

 

 

5,201

 

Total

 

 

51,701

 

 

 

58,812

 

Allowance for credit losses

 

 

(3,031

)

 

 

(3,069

)

Accounts receivable, net

 

$

48,670

 

 

$

55,743

 

 

Schedule of Accounts Receivable Allowance for Credit Loss

Activity in the allowance for credit losses during the three and six months ended June 30, 2026 and 2025 was as follows:

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

(in thousands)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Balance at beginning of period

 

$

3,071

 

 

$

1,625

 

 

$

3,069

 

 

$

1,717

 

Amounts charged (credited) to earnings during the period

 

 

(40

)

 

 

284

 

 

 

(38

)

 

 

192

 

Balance at end of period

 

$

3,031

 

 

$

1,909

 

 

$

3,031

 

 

$

1,909