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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 26, 2021
Dec. 27, 2020
Current assets    
Cash and cash equivalents $ 112,104 $ 0
Accounts receivable (net of allowance for credit losses of $448,622 for 2021 and $492,087 for 2020) 48,132,896 32,831,016
Prepaid expenses 2,345,948 2,154,966
Other current assets 2,381,197 0
Current assets of discontinued operations 7,198,104 8,662,784
Total current assets 60,170,249 43,648,766
Property and equipment, net 4,331,052 3,463,876
Other assets    
Deposits 4,106,622 3,980,218
Other assets 1,283,629 1,195,143
Deferred income taxes, net 4,548,285 5,827,673
Right-of-use asset - operating leases 3,914,060 5,550,386
Intangible assets, net 33,584,910 32,133,168
Goodwill 29,141,883 27,052,060
Noncurrent assets of discontinued operations 7,213,276 7,426,978
Other assets 83,792,665 83,165,626
Accounts payable 148,293,966 130,278,268
Current liabilities    
Long-term debt, current portion 3,562,500 2,625,000
Accrued interest 102,304 78,134
Accounts payable 401,175 219,693
Accrued payroll and expenses 16,153,920 10,375,637
Contingent consideration, current portion 1,073,901 0
Lease liability, current portion 1,896,253 1,866,008
Other current liabilities 3,549,785 0
Income taxes payable 381,806 1,861,116
Current liabilities of discontinued operations 1,262,056 1,238,656
Total current liabilities 28,383,700 18,264,244
Line of credit (net of deferred finance fees of $193,264 and $268,076 for 2021 and 2020, respectively) 12,587,591 5,709,266
Long-term debt, less current portion 23,300,000 26,300,000
Contingent consideration, less current portion 989,608 2,287,926
Lease liability, less current portion 2,685,270 4,580,664
Other long-term liabilities 3,565,218 7,355,541
Noncurrent liabilities of discontinued operations 190,395 322,875
Total liabilities 71,701,782 64,820,516
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, 10,425,210 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 66,360 73,834
Additional paid in capital 61,875,406 60,457,044
Retained earnings 14,592,087 5,049,748
Accumulated other comprehensive income (loss) 58,331 (122,874)
Total stockholders’ equity 76,592,184 65,457,752
Total liabilities and stockholders’ equity $ 148,293,966 $ 130,278,268