Annual report [Section 13 and 15(d), not S-K Item 405]

Trade Receivables, Net

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Trade Receivables, Net
12 Months Ended
Dec. 31, 2024
Accounts Receivable, after Allowance for Credit Loss [Abstract]  
Trade Receivables, Net

5. Trade Receivables, Net

Trade receivables consisted of the following:

 

 

 

As of December 31,

 

 

 

2024

 

 

2023

 

 

 

(in thousands)

 

Credit card receivables

 

$

28,262

 

 

$

54,190

 

Fleet fueling customer credit accounts receivables, net

 

 

38,404

 

 

 

44,705

 

Dealers and customer credit accounts receivables, net

 

 

29,166

 

 

 

35,840

 

Total trade receivables, net

 

$

95,832

 

 

$

134,735

 

 

An allowance for credit losses is provided based on management’s evaluation of outstanding accounts receivable. The Company had reserved $2.4 million and $2.2 million for uncollectible fleet fueling customers, dealers and customer credit accounts receivables as of December 31, 2024 and 2023, respectively.