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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash $ 6,033,537 $ 4,052,109
Restricted cash 1,380,684
Accounts receivable, net 4,962,906 7,029,602
Contract assets 19,729,638 15,280,807
Inventory 9,567,921 5,891,386
Refundable income taxes 40,000 474,904
Prepaid expenses and other current assets 534,857 721,964
Total Current Assets 40,868,859 34,831,456
Operating lease right-of-use assets 4,075,048 3,886,863
Property and equipment, net 2,521,742 3,282,939
Intangibles, net 250,000 375,000
Goodwill 1,784,254 1,784,254
Other assets 191,179 179,068
Total Assets 49,691,082 44,339,580
Current Liabilities:    
Accounts payable 12,092,684 8,199,557
Accrued expenses 5,693,518 2,372,522
Contract liabilities 1,650,549 3,561,707
Loss reserve 800,971 2,650,963
Current portion of long-term debt 6,501,666 2,484,619
Operating lease liabilities 1,819,237 1,709,153
Income taxes payable 862 1,216
Total Current Liabilities 28,559,487 20,979,737
Line of credit 20,738,685 26,738,685
Long-term operating lease liabilities 2,537,149 2,596,784
Long-term debt, net of current portion 6,205,095 1,764,614
Total Liabilities 58,040,416 52,079,820
Shareholders’ Deficit :    
Common stock - $.001 par value; authorized 50,000,000 shares, 11,951,271 and 11,818,830 shares, respectively, issued and outstanding 11,951 11,819
Additional paid-in capital 72,005,841 71,294,629
Accumulated deficit (80,367,126) (79,046,688)
Total Shareholders’ Deficit (8,349,334) (7,740,240)
Total Liabilities and Shareholders’ Deficit $ 49,691,082 $ 44,339,580