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Trade Accounts Receivable | 12 Months Ended
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Dec. 31, 2024
Receivables [Abstract] |
Trade Accounts Receivable | Trade Accounts Receivable The following table summarizes our trade accounts receivable from customers as of the dates presented:
| December 31,
| 2024 |  | 2023
Trade accounts receivable |  |  |
Rentals | $ | 14,218 |  |  | $ | 32,871 |
Sales and aftermarket services | 2,657 |  |  | 7,138 |
| 16,875 |  |  | 40,009 |
Less: Allowance for credit losses | (1,249) |  |  | (823) |
Total trade accounts receivable, net | $ | 15,626 |  |  | $ | 39,186 |
Our trade accounts receivable consist of customer obligations due under normal trade terms for (i) operating leases for the use of our natural gas compressors, (ii) the sale of compressors and flare systems and (iii) the performance of aftermarket services. Major Customers and Concentration of Credit Risk Rental revenue and sales from Occidental Permian, LTD. (“Oxy”) in 2024, 2023 and 2022 amounted to 54 percent, 50 percent and 42 percent of revenue, respectively. No other single customer accounted for more than 10 percent of our revenues in 2024, 2023 and 2022. Oxy’s accounts receivable balances amounted to 52 percent and 64 percent of our accounts receivable as of December 31, 2024 and 2023, respectively. No other customers amounted to more than 10 percent of our accounts receivable as of December 31, 2024 and 2023. Allowance for Credit Losses The following table summarizes the changes in our allowance for credit losses for the periods presented:
| Year Ended December 31,
| 2024 |  | 2023 |  | 2022
Beginning balance | $ | 823 |  |  | $ | 338 |  |  | $ | 1,129 |
Provision for credit losses | 433 |  |  | 492 |  |  | — |
Write-offs | (7) |  |  | (7) |  |  | (791) |
Ending balance | $ | 1,249 |  |  | $ | 823 |  |  | $ | 338 |
Management believes that the allowance is adequate; however, actual write-offs may exceed the recorded allowance.

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- Definition The entire disclosure for claims held for amounts due to entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/310-10/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 + Details
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