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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 25, 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) 64,349,769 48,132,896
Prepaid expenses 1,560,962 2,345,948
Other current assets 4,901,926 2,381,197
Current assets of discontinued operations 0 7,198,104
Total current assets 70,812,657 60,170,249
Property and equipment, net 1,599,410 4,331,052
Other assets    
Deposits 3,051,912 4,106,622
Deferred income taxes, net 3,333,384 4,548,285
Right-of-use asset - operating leases 2,700,049 3,914,060
Other assets 4,483,332 1,283,629
Intangible assets, net 34,141,514 33,584,910
Goodwill 29,141,883 29,141,883
Noncurrent assets of discontinued operations 0 7,213,276
Other Assets, Total 76,852,074 83,792,665
Total assets 149,264,141 148,293,966
Current liabilities    
Long-term debt, current portion 0 3,562,500
Accrued interest 260,771 102,304
Accounts payable 587,726 401,175
Accrued payroll and expenses 16,557,575 16,153,920
Contingent consideration, current portion 1,059,606 1,073,901
Lease liability, current portion 1,608,632 1,896,253
Other current liabilities 3,495,075 3,549,785
Income taxes payable 216,778 381,806
Current liabilities of discontinued operations 0 1,262,056
Total current liabilities 23,786,163 28,383,700
Line of credit (net of deferred finance fees of $90,285 and $193,264 at 2022 and 2021, respectively) 27,004,467 12,587,591
Long-term debt, less current portion 0 23,300,000
Contingent consideration, less current portion 0 989,608
Lease liability, less current portion 1,564,520 2,685,270
Other long-term liabilities 15,307 3,565,218
Noncurrent liabilities of discontinued operations 0 190,395
Total liabilities 52,370,457 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, 10,499,827 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. 67,107 66,360
Additional paid in capital 63,317,793 61,875,406
Retained earnings 33,508,784 14,592,087
Accumulated other comprehensive gain 0 58,331
Total stockholders’ equity 96,893,684 76,592,184
Total liabilities and stockholders’ equity $ 149,264,141 $ 148,293,966