v3.26.1
Accounts Receivable, net
6 Months Ended
Jun. 30, 2026
Accounts Receivable, after Allowance for Credit Loss [Abstract]  
Accounts Receivable, net
5. Accounts Receivable, net
The allowances for credit losses were $0.8 million and $13.0 million as of June 30, 2026, and December 31, 2025, respectively, which represents the Company’s best estimate of the amount of probable credit losses included within the Company’s accounts receivable balance.
The changes in the Company’s allowance for credit losses were as follows:
(in thousands)
Allowances for Credit Losses
Balance at January 1, 2025
$12,629 
Current-period provision for expected credit losses1,032
Write-offs charged against allowance(630)
Balance at December 31, 2025
$13,031 
Current-period provision for expected credit losses2,348 
Write-offs charged against allowance(14,578)
Balance at June 30, 2026
$801