General form of registration statement for all companies including face-amount certificate companies

Accounts Receivable, net

v3.22.1
Accounts Receivable, net
12 Months Ended
Dec. 31, 2021
Receivables [Abstract]  
Accounts Receivable, net

Note E – Accounts Receivable, net

The accounts receivable, net balance was as follows:

Successor

December 31,

December 31, 

    

 2021

    

2020

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 Decopember 31, 2021 and December 31, 2020.