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Supplemental Consolidated Balance Sheet Information
 6 Months Ended
Jun. 30, 2024
Regulated Operations [Abstract]  
Supplemental Consolidated Balance Sheet Information Supplemental Consolidated Balance Sheet Information
Accounts Receivable, net
Accounts receivable, net consisted of the following (in thousands):
June 30,December 31,
20242023
Billed accounts receivable$48,705 $46,595 
Unbilled accounts receivable48,828 45,805 
Allowance for credit losses(313)(309)
Accounts receivable, net$97,220 $92,091 
The majority of invoices included within the unbilled accounts receivable balance are issued within the first few days of the month directly following the period of service.
Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consisted of the following (in thousands):
June 30,December 31,
20242023
Prepaid expenses$14,538 $13,234 
Deferred contract costs, current portion4,596 4,644 
Contract assets2,561 2,772 
Other receivable5,043 6,074 
Other current assets840 959 
Prepaid expenses and other current assets$27,577 $27,683 
Property and equipment, net
Depreciation and amortization expense for the three months ended June 30, 2024 and 2023 was $1.5 million and $1.3 million, respectively, and for the six months ended June 30, 2024 and 2023 was $3.0 million and $2.7 million, respectively. Accumulated depreciation and amortization as of June 30, 2024 and December 31, 2023 was $21.2 million and $18.3 million, respectively.
Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following (in thousands):
June 30,December 31,
20242023
Accrued benefits and retirement$7,102 $10,329 
Accrued vendor liabilities7,257 6,883 
Acquisition holdback liability3,904 4,679 
Accrued bonus6,762 11,808 
Deferred revenue10,795 2,766 
Tax distributions payable to Continuing Equity Owners3,209 2,945 
Accrued commissions1,930 3,415 
Income tax payable1,010 456 
Other current liabilities7,875 6,254 
Accrued expenses and other liabilities$49,844 $49,535 
Other Long-term Liabilities
Other long-term liabilities consisted of the following (in thousands):
June 30,December 31,
20242023
Deferred tax liabilities$3,325 $5,356 
Asset retirement obligation161 161 
Other long-term liabilities$3,486 $5,518