ACCOUNTS RECEIVABLE

12 Months Ended

Dec. 31, 2023

Receivables [Abstract]

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE

Accounts receivable, net, consists of the following at December 31 (in thousands):

	2023		2022
Accounts receivable trade	$	37,473	$	36,098
Allowance for credit losses	(1,309)		(1,550)
Accounts receivable, net	$	36,164	$	34,548

Accounts receivable trade represents amounts due from customers. Accounts receivable trade are recorded at invoiced amounts, net of reserves and allowances and do not bear interest. 

Bad debt recovery was $224.0 thousand, for the year ended December 31, 2023, and bad debt expense was $241.8 thousand and $825.6 thousand for the years ended December 31, 2022 and 2021, respectively from continued operations.