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Accounts Receivable, net (Tables)
12 Months Ended
Dec. 31, 2022
Accounts Receivable, net  
Schedule of accounts receivable, net

December 31, 

 

December 31, 

    

2021

    

2022

(in thousands)

Accounts receivable

$

410,140

261,112

Accounts receivable from related parties

71

36

Less: Loss allowance

 

-

-

$

410,211

261,148

Schedule of analysis of expected credit losses

December 31, 2021

Loss

Carrying

allowance

amount of

Weighted

for lifetime

accounts

average loss

expected

    

receivable

    

rate

    

credit

(in thousands)

(in thousands)

Not past due

$

408,415

0

%

$

Past due within 30 days

 

795

0

%

Past due 31‑60 days

 

924

0

%

Past due 61‑90 days

 

77

0

%

Past due 91‑120 days

 

-

0

%

Past due over 121 days

 

-

100.00

%

$

410,211

 

$

December 31, 2022

Loss

Carrying

allowance

amount of

Weighted

for lifetime

accounts

average loss

expected

    

receivable

    

rate

    

credit

(in thousands)

(in thousands)

Not past due

$

258,974

0

%

$

-

Past due within 30 days

 

1,884

0

%

-

Past due 31‑60 days

 

121

0-32.15

%

-

Past due 61‑90 days

 

75

0-47.02

%

-

Past due 91‑120 days

 

94

0-77.69

%

-

Past due over 121 days

 

-

100.00

%

-

$

261,148

 

$

-

Summary of activity in the loss allowance

The activity in the loss allowance is as follows:

Loss Allowance

Balance at

Amounts

Beginning

Charges to

utilized /

Balance at

Period

    

of year

    

earnings

    

write-offs

    

end of year

 

(in thousands)

Year 2020

$

190

 

-

 

-

 

190

Year 2021

$

190

 

(190)

 

-

 

-

Year 2022

$

-

-

-

-