Accounts Receivable, Net
12 Months Ended
Dec. 31, 2020
ACCOUNTS RECEIVABLE,NET [Abstract]  
ACCOUNTS RECEIVABLE, NET

NOTE 5: ACCOUNTS RECEIVABLE, NET

Accounts receivable consisted of the following:

 

 

  

December 31,

2020

 

  

December 31,

2019

 

Accounts receivable

  

$

69,694

 

  

$

68,309

 

Less: Allowance for credit losses

  

 

(15,366)

 

  

 

(16,377)

 

Accounts receivable, net

  

$

54,328

 

  

$

51,932

 

          

Changes to the allowance for credit losses are summarized as follows:

Allowance for credit losses

  

Balance at

Beginning of

Period

 

 

  

Charges to

Costs and

Expenses

 

  

Amount

Utilized

 

  

Balance at

End of

Period

 

Year ended December 31, 2018

  

$

(19,706

) 

 

  

$

(575

) 

  

$

4,195

 

  

$

(16,086

) 

Year ended December 31, 2019

  

$

(16,086

)

 

  

$

(999

) 

  

$

708

 

  

$

(16,377

) 

Year ended December 31, 2020

 

$

(16,377

)

 

  

$

(541

) 

  

$

1,552

 

  

$

(15,366

) 

 

Concentration of credit risk with respect to accounts receivable is limited due to the Company’s large number of customers, who are internationally dispersed and have a variety of end markets in which they sell. Due to these factors, management believes that no additional credit risk beyond amounts provided for collection losses is inherent in the Company’s trade receivables. For the year ended December 31, 2020, two customers accounted for 16.4% and 11.2%, respectively, of the Company’s revenue. For the year ended December 31, 2019, two customers accounted for 17.1% and 14.4%, respectively, of the Company’s revenue from continuing operations and were the same customers who accounted for 13.1% and 11.6%, respectively, of the Company’s revenue from continuing operations for the year ended December 31, 2018.