v3.21.2
Accounts Receivable, net
6 Months Ended 11 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Accounts Receivable, net    
Accounts Receivable, net

Note E — Accounts Receivable, net

The accounts receivable balance is composed as follows:

    

Successor

June 30, 

December 31,

    

2021

    

 2020

Accounts Receivable, net

 

  

 

  

Billed receivables

$

10,735

$

5,352

Unbilled receivables

 

1,743

 

705

Total

$

12,478

$

6,057

Accounts receivable are recorded for amounts to which the Company is entitled and has invoiced to the customer. Allowance for doubtful accounts was not material in any period and therefore not presented in the financial statements. The Company identified a portion of accounts receivable that was unbilled to the customer at June 30, 2021 and at December 31, 2020 but was subsequently invoiced in July 2021 and January 2021, respectively.

Note E – Accounts Receivable, net

The accounts receivable balance is composed as follows:

Successor

  

Predecessor

December 31,

December 31, 

    

 2020

    

2019

Accounts Receivable, net:

  

  

Billed receivables

$

5,352

$

6

Unbilled receivables

 

705

 

Total

$

6,057

$

6

Accounts receivable are recorded for amounts to which the Company is entitled and has invoiced to the customer. Allowance for doubtful accounts was not material in any period and therefore not presented on the face of the financial statements. The Company identified a portion of accounts receivable that were unbilled to the customer at December 31, 2020 (Successor) but was subsequently invoiced in January 2021.