Net Medical Xpress Solutions, Inc. (NMXS)

[greasemonkeyshoes]

does this seem right(too much)?
from https://www.otcmarkets.com/otcapi/company/financial-report/323348/content
concern:
account receivable,net of allowance of $24,000 and medical billing allowance of $783,000,.......

company argument:
"The Company estimates an allowance for doubtful medical billing, which amount to $783,000 and $0 at
December 31, 2021 and 2020, respectively. The Company started performing Covid-19 testing in 2021 and
therefore medical billing did not begin until 2021. The estimate is based upon management’s review of medical
billing accounts and an assessment of the Company’s historical evidence of medical billing collections."

is $783k recoverable/reversible(likely) in 2022 or all gone for good??