Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2021

Valuation and Qualifying Accounts

Valuation and Qualifying Accounts

SCHEDULE II

ONESPAN INC.

VALUATION AND QUALIFYING ACCOUNTS

Credit losses for trade receivables.

				Provision		Foreign
	Beginning			for Bad		Currency	Ending
	Balance			Debts	Chargeoffs	Translation	Balance
For the year ended December 31,
2021	$	4,135		(16)	(2,689)	(11)	$	1,419
2020	$	2,812	(1)	2,306	(994)	11	$	4,135
2019	$	1,152		2,215	(843)	—	$	2,524

(1) Includes the $288 impact of the initial ASU 2016-13 adoption on January 1, 2020.

See accompanying independent auditors’ report.