Annual report pursuant to Section 13 and 15(d)

Accounts Receivable, net

Accounts Receivable, net
12 Months Ended
Dec. 31, 2021
Receivables [Abstract]  
Accounts Receivable, net Accounts Receivable, net
The accounts receivable, net balance was as follows:
December 31,
December 31,
Accounts receivable, net
Billed receivables
$ 14,820  $ 5,352 
Unbilled receivables
1,442  705 
Total accounts receivable, net
$ 16,262  $ 6,057 

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 December 31, 2021 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 December 31, 2021 and December 31, 2020.