Accounts Receivable, Net (Tables)

6 Months Ended

Jun. 30, 2026

Accounts receivable, net consists of (in thousands):


	June 30,		December 31,
	2026		2025
Accounts receivable	$	161,586	$	107,960
Unbilled services	31,762		17,134
Total accounts receivable	193,348		125,094
Allowance for credit losses	(3,977)		(1,676)
Total accounts receivable, net	$	189,371	$	123,418

Schedule of Changes in the Allowance for Credit Loss

The following table summarizes changes in the allowance for credit losses for the six months ended June 30, 2026 and year ended December 31, 2025 (in thousands):


	June 30,		December 31,
	2026		2025
Balance at beginning of period	$	1,676	$	3,071
Addition to / (reduction in) provision	2,587		(1,198)
Write-offs, net of recoveries	(286)		(197)
Balance at end of period	$	3,977	$	1,676