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

5. ACCOUNTS RECEIVABLE, NET

 

Accounts receivable consisted of the following:

 

   As of 
   December 31,
2025
   June 30,
2026
 
Accounts receivable  $2,895   $1,904 
Less: Allowance for credit losses   (607)   (607)
Accounts receivable, net  $2,288   $1,297 

Allowance for credit losses:

 

   For the six months ended June 30,
2026
 
     
Balance at beginning of year  $(607)
Addition   
 
Reversed   
 
Balance at end of period  $(607)

 

As of June 30, 2026, the Company’s allowance for credit losses on accounts receivable amounted to $607, all of which was attributable to the educational program.