Accounts Receivable, Net

12 Months Ended

Dec. 31, 2023

The components of accounts receivable, net are as follows (in thousands):


	December 31,
	2023		2022
Accounts receivable	$	136,769	$	128,669
Allowance for credit losses	(3,864)		(2,835)
Allowance for product returns	(2,279)		(1,551)
Accounts receivable, net	$	130,626	$	124,283

For the years ended December 31, 2023 and 2022, we recorded a provision for credit losses on our accounts receivable of $1.5 million and $1.2 million, respectively. For the year ended December 31, 2021, we recorded a reduction to the provision for credit losses on our accounts receivable of $0.8 million.

For the years ended December 31, 2023, 2022 and 2021, we recorded a $4.4 million, $4.7 million and $2.5 million reserve for product returns in our hardware and other revenue, respectively. Historically, we have not experienced write-offs for uncollectible accounts or sales returns that have differed significantly from our estimates.

Allowance for Credit Losses - Accounts Receivable

The changes in our allowance for credit losses for accounts receivable are as follows (in thousands):


	Year Ended December 31, 2023				Year Ended December 31, 2022
	Alarm.com and Certain Subsidiaries		All Other Subsidiaries		Alarm.com and Certain Subsidiaries		All Other Subsidiaries
Beginning of period balance	$	(2,755)	$	(80)	$	(2,035)	$	(133)
(Provision for) / recovery of expected credit losses	(1,399)		(109)		(1,199)		43
Write-offs	431		48		479		10
End of period balance	$	(3,723)	$	(141)	$	(2,755)	$	(80)