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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 27, 2022
Dec. 26, 2021
Current assets    
Cash and cash equivalents $ 0 $ 112,104
Accounts receivable (net of allowance for credit losses of $448,622 for 2022 and 2021, respectively) 47,677,430 48,132,896
Prepaid expenses 2,673,068 2,345,948
Other current assets 4,847,128 2,381,197
Current assets of discontinued operations 0 7,198,104
Total current assets 55,197,626 60,170,249
Property and equipment, net 6,223,457 4,331,052
Other assets    
Deposits 4,011,179 4,106,622
Other assets 1,097,243 1,283,629
Deferred income taxes, net 3,536,023 4,548,285
Right-of-use asset - operating leases 3,501,592 3,914,060
Intangible assets, net 32,807,369 33,584,910
Goodwill 29,141,883 29,141,883
Noncurrent assets of discontinued operations 0 7,213,276
Other Assets, Total 74,095,289 83,792,665
Total assets 135,516,372 148,293,966
Current liabilities    
Long-term debt, current portion 0 3,562,500
Accrued interest 118,823 102,304
Accounts payable 1,138,617 401,175
Accrued payroll and expenses 15,491,877 16,153,920
Contingent consideration, current portion 0 1,073,901
Lease liability, current portion 1,859,893 1,896,253
Other current liabilities 3,763,718 3,549,785
Income taxes payable 4,548,605 381,806
Current liabilities of discontinued operations 0 1,262,056
Total current liabilities 26,921,533 28,383,700
Line of credit (net of deferred finance fees of $61,163 and $193,264 at 2022 and 2021, respectively) 14,124,318 12,587,591
Long-term debt, less current portion 0 23,300,000
Contingent consideration, less current portion 1,017,330 989,608
Lease liability, less current portion 2,245,524 2,685,270
Other long-term liabilities 15,307 3,565,218
Noncurrent liabilities of discontinued operations 0 190,395
Total liabilities 44,324,012 71,701,782
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, 10,445,208 and 10,425,210 shares issued and outstanding for 2022 and 2021, respectively, net of treasury stock, at cost, 1,845 shares for 2022 and 2021, respectively. 66,560 66,360
Additional paid in capital 62,298,581 61,875,406
Retained earnings 28,827,219 14,592,087
Accumulated other comprehensive gain 0 58,331
Total stockholders’ equity 91,192,360 76,592,184
Total liabilities and stockholders’ equity $ 135,516,372 $ 148,293,966