Accounts Receivable, net

6 Months Ended

Jun. 30, 2022

Note E – Accounts Receivable, net

The accounts receivable, net balance was as follows:



	June 30, 2022		December 31, 2021
Billed receivables	$	12,382	$	14,820
Unbilled receivables	320		1,442
Total accounts receivable, net	$	12,702	$	16,262

Accounts receivable are recorded for amounts to which the Company is entitled and has invoiced to the customer. Unbilled receivables consist of unbilled amounts as of June 30, 2022 under T&M contracts where billing and payment is subject solely to the passage of time.

There was no allowance for doubtful accounts as of June 30, 2022 and December 31, 2021.