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Accounts Receivable, net
 3 Months Ended
Mar. 31, 2025
Receivables [Abstract]  
Accounts Receivable, net Accounts Receivable, net
 
Accounts receivable consisted of the following (in thousands):
 
 March 31, 2025December 31, 2024
Trade accounts receivable$131,295 $129,894 
Allowance for credit losses(3,103)(2,613)
Accounts receivable, net$128,192 $127,281 
 
The Company had $34.4 million and $21.3 million of unbilled revenue accrued as of March 31, 2025 and December 31, 2024, respectively. These amounts are included in the trade accounts receivable balances above. Unbilled revenue is generally billed in the subsequent quarter to their revenue recognition. The Company considers unbilled receivables as short-term in nature as they are normally converted to trade receivables within 90 days, thus future changes in economic conditions will not have a significant effect on the credit loss estimate.