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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 26, 2021
Dec. 27, 2020
Current assets    
Accounts receivable (net of allowance for credit losses of $521,001 and $492,087 for 2021 and 2020, respectively) $ 54,051,208 $ 41,493,800
Prepaid expenses and other current assets 1,842,650 2,154,966
Other current assets 19,898 0
Total current assets 55,913,756 43,648,766
Property and equipment, net 3,046,081 3,723,582
Other assets    
Deposits 4,142,234 4,016,002
Other assets 1,321,368 1,195,143
Deferred income taxes, net 4,887,702 5,827,673
Right-of-use asset - operating leases 4,674,345 6,009,054
Intangible assets, net 35,959,677 33,781,168
Goodwill 34,155,493 32,076,880
Other Assets, Total 85,140,819 82,905,920
Total assets 144,100,656 130,278,268
Current liabilities    
Long-term debt, current portion 3,375,000 2,625,000
Accrued interest 125,072 78,134
Accounts payable 362,785 219,693
Accrued payroll and expenses 15,515,677 11,448,403
Lease liability, current portion 2,060,525 2,031,898
Other current liabilities 3,549,785 0
Income taxes payable 592,188 1,861,116
Total current liabilities 26,633,782 18,264,244
Line of credit (net of deferred finance fees of $211,967 and $268,076 at 2021 and 2020, respectively) 13,430,982 5,709,266
Long-term debt, less current portion 24,050,000 26,300,000
Contingent consideration, less current portion 969,057 2,287,926
Lease liability, less current portion 3,366,279 4,903,539
Other long-term liabilities 3,619,830 7,355,541
Total liabilities 72,069,930 64,820,516
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, 10,401,312 and 10,328,379 shares issued and outstanding for 2021 and 2020, respectively, net of treasury stock, at cost, 1,845 and 1,235 shares for 2021 and 2020, respectively. 66,121 73,834
Additional paid in capital 61,487,340 60,457,044
Retained earnings 10,531,878 5,049,748
Accumulated other comprehensive loss (54,613) (122,874)
Total stockholders’ equity 72,030,726 65,457,752
Total liabilities and stockholders’ equity $ 144,100,656 $ 130,278,268