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Accounts Receivable, Net

6 Months Ended

12 Months Ended

Jun. 30, 2023

Dec. 31, 2022

Accounts Receivable, Net [Abstract]

ACCOUNTS RECEIVABLE, NET

5. ACCOUNTS RECEIVABLE, NET

Accounts receivable, net consisted of the following:

	December 31,			June 30,
	2022			2023
Accounts receivable		110,967			95,783
Allowance for doubtful accounts	$	(25,348	)	$	(21,190	)
Accounts receivable, net	$	85,619		$	74,593

The Group recognized bad debt expense of $245 and reversed bad debt expense of $3,694 for the six months ended June 30, 2022 and 2023. The difference of bad debt expense for the six months ended June 30, 2022 and 2023, and the allowance for doubtful accounts as of June 30, 2022 and 2023 was due to different exchange rate.

The movement of allowance for doubtful accounts for the six months ended June 30, 2022 and 2023 were as following:

	For the Six Months Ended June 30,
	2022			2023
Balance at the beginning of the period	$	-		$	25,348
Adoption of ASC326		-			637
Additions		245			-
Reversal		-			(3,694	)
Foreign currency translation		(8	)		(1,101	)
Balance at the end of the period	$	237		$	21,190

5.	ACCOUNTS RECEIVABLE, NET

Accounts receivable, net consisted of the following:

	December 31,
	2021		2022
Accounts receivable	$	85,637	$	110,967
Allowance for doubtful accounts		-		(25,348	)
Accounts receivable, net	$	85,637	$	85,619

The Group recognized bad debt expense of nil, nil and $25,981 for the years ended December 31, 2020, 2021 and 2022. The difference of bad debt expense for the year ended December 31, 2022, and the allowance for doubtful accounts as of December 31, 2022 was due to different exchange rate.

The movement of allowance for doubtful accounts for the years ended December 31, 2020, 2021 and 2022 were as following:

	For the years ended December 31,
	2020		2021		2022
Balance at the beginning of the year	$	-	$	-	$	-
Additions		-		-		25,981
Foreign currency translation		-		-		(633	)
Balance at the end of the year	$	-	$	-	$	25,348