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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash $ 6,308,866 $ 6,033,537
Accounts receivable, net 4,967,714 4,962,906
Insurance recovery receivable 2,850,000
Contract assets 24,459,339 19,729,638
Inventory 4,028,925 6,386,288
Refundable income taxes 40,000 40,000
Prepaid expenses and other current assets 625,075 534,857
Total Current Assets 43,279,919 37,687,226
Operating lease right-of-use assets 7,796,768 4,075,048
Property and equipment, net 1,646,863 2,521,742
Intangibles, net 125,000 250,000
Goodwill 1,784,254 1,784,254
Other assets 372,741 191,179
Total Assets 55,005,545 46,509,449
Current Liabilities:    
Accounts payable 10,429,018 12,092,684
Accrued expenses 6,102,587 5,937,921
Litigation settlement obligation 3,003,259
Contract liabilities 5,122,766 1,650,549
Loss reserve 1,495,714 2,009,247
Current portion of long-term debt 3,365,181 6,501,666
Operating lease liabilities 1,580,453 1,819,237
Income taxes payable 5,165 948
Total Current Liabilities 31,104,143 30,012,252
Line of credit 21,250,000 20,738,685
Long-term operating lease liabilities 6,445,728 2,537,149
Long-term debt, net of current portion 1,540,747 6,205,095
Total Liabilities 60,340,618 59,493,181
Shareholders’ Deficit:    
Common stock - $.001 par value; authorized 50,000,000 shares, 12,335,683 and 11,951,271 shares, respectively, issued and outstanding 12,336 11,951
Additional paid-in capital 72,833,742 72,005,841
Accumulated deficit (78,181,151) (85,001,524)
Total Shareholders’ Deficit (5,335,073) (12,983,732)
Total Liabilities and Shareholders’ Deficit $ 55,005,545 $ 46,509,449