Annual report pursuant to Section 13 and 15(d)

Accounts Receivable

Accounts Receivable
12 Months Ended
Dec. 31, 2019
Receivables [Abstract]  
Accounts Receivable



The following table presents accounts receivable, net for the years ended December 31, 2019 and 2018:


    December 31  
    2019     2018  
Completed contracts   $ 749     $ 1,598  
Allowance for doubtful accounts     (7 )     (149 )
Accounts receivable, net   $ 742     $ 1,449  


Accounts receivable from customers are generated from revenues earned after the installation or service for a job has been completed, inspected and approval has been obtained by its customer. The Company segments some of its large contracts into smaller more manageable contracts which allows for certain jobs to be completed, inspected and approved for payment by the customer in less time than non-segmentation. The payment terms are generally 30 days.