v3.24.1.u1
ACCOUNTS RECEIVABLE AND SIGNIFICANT CLIENTS (Tables)
3 Months Ended
Mar. 31, 2024
ACCOUNTS RECEIVABLE AND SIGNIFICANT CLIENTS [Abstract]  
Schedule of Change in Allowance for Doubtful Accounts

Activity in the Company’s Allowance for credit losses consists of the following (in thousands):

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Three Months Ended March 31,

 

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2024

    

2023

 

Balance, beginning of year

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$

2,248

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$

3,524

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Provision for credit losses

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(31)

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2,263

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Uncollectible receivables written-off

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(150)

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(712)

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Effect of foreign currency

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(2)

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3

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Balance, end of year

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$

2,065

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$

5,078

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Schedule Of Receivables Net Current [Table Text Block]

The balances related to the Agreement are as follows (in thousands):

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March 31, 2024

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December 31, 2023

 

Total accounts receivable factored

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$

85,115

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$

99,994

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Total amounts collected from clients not yet remitted to Bank

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$

8,673

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$

1,158

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