Annual report pursuant to Section 13 and 15(d)

Accounts Receivable, net

v3.23.1
Accounts Receivable, net
12 Months Ended
Dec. 31, 2022
Receivables [Abstract]  
Accounts Receivable, net
Note E – Accounts Receivable, net
The accounts receivable, net balance was as follows:
December 31,
2022
December 31,
2021
Billed receivables
$ 25,518  $ 14,820 
Unbilled receivables
1,208  1,442 
Total accounts receivable, net
$ 26,726  $ 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 December 31, 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 December 31, 2022 and December 31, 2021.