AerSale Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2023

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of Allowance for doubtful accounts

A rollforward of the allowance for credit losses is as follows (in thousands):


		2023			2022
Balance at beginning of year		$	1,074		$	1,692
Provision			-			(395)
Write-offs			(96)			(223)
Balance at end of year		$	978		$	1,074

Schedule of additional inventory reserves

These additional inventory reserves were as follows (in thousands):


		Year Ended December 31,
		2023			2022
Inventory reserves		$	-		$	1,845

Schedule of scrap losses on inventory

These scrap losses are as follows (in thousands):


		Year Ended December 31,
		2023			2022
Scrap loss reserves		$	1,507		$	261