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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 28, 2020
Dec. 29, 2019
Current assets    
Accounts receivable (net of allowance for credit losses of $467,200 at 2020 and $468,233 for 2019) $ 37,762,131 $ 39,423,801
Prepaid expenses 1,822,807 1,224,230
Income taxes receivable 0 69,649
Other current assets 516,087 19,516
Total current assets 40,101,025 40,737,196
Property and equipment, net 4,156,997 3,545,049
Other assets    
Deposits and other assets 4,119,108 3,843,023
Deferred income taxes, net 4,514,048 4,071,847
Right-of-use asset - operating leases 6,250,464 4,386,317
Intangible assets, net 36,441,098 33,807,973
Goodwill 31,372,990 25,194,639
Total other assets 82,697,708 71,303,799
Total assets 126,955,730 115,586,044
Current liabilities    
Long-term debt, current portion 2,250,000 375,000
Accrued interest 279,418 73,027
Accounts payable 127,088 479,422
Accrued payroll and expenses 12,834,242 10,485,039
Contingent consideration, current portion 1,183,920 0
Lease liability, current portion 1,764,001 1,277,843
Other current liabilities 0 1,016,565
Income taxes payable 46,236 0
Total current liabilities 18,484,905 13,706,896
Line of credit (net of deferred finance fees of $305,482 and $351,128 for 2020 and 2019, respectively) 9,950,001 19,993,829
Long-term debt, less current portion 27,425,000 7,125,000
Contingent consideration, less current portion 1,087,253 2,174,378
Lease liability, less current portion 5,419,227 4,128,951
Other long-term liabilities 2,866,610 0
Total liabilities 65,232,996 47,129,054
Commitments and contingencies
Preferred stock, $0.01 par value per share, 500,000 shares authorized, -0- shares issued and outstanding 0 0
Common stock, $0.01 par value per share; 19,500,000 shares authorized, 10,306,986 and 10,309,236 shares issued and outstanding for 2020 and 2019, respectively, net of treasury stock, at cost, 1,004 shares for 2020 and 2019 75,752 75,775
Additional paid in capital 59,993,800 59,617,787
Retained earnings 1,824,905 8,763,428
Accumulated other comprehensive loss (171,723) 0
Total stockholders’ equity 61,722,734 68,456,990
Total liabilities and stockholders’ equity $ 126,955,730 $ 115,586,044