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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash $ 2,932,910 $ 6,308,866
Accounts receivable, net 4,852,337 4,967,714
Insurance recovery receivable 3,474,424 2,850,000
Contract assets 25,756,169 24,459,339
Inventory 3,697,130 4,028,925
Refundable income taxes 40,000 40,000
Prepaid expenses and other current assets 415,912 625,075
Total current assets 41,168,882 43,279,919
Operating lease right-of-use assets 7,360,800 7,796,768
Property and equipment, net 1,531,555 1,646,863
Intangibles, net 93,750 125,000
Goodwill 1,784,254 1,784,254
Other assets 306,575 372,741
Total assets 52,245,816 55,005,545
Current Liabilities:    
Accounts payable 11,806,369 10,429,018
Accrued expenses 4,836,689 6,102,587
Litigation settlement obligation 3,600,000 3,003,259
Contract liabilities 3,368,018 5,122,766
Loss reserve 1,086,792 1,495,714
Current portion of long-term debt 3,354,318 3,365,181
Operating lease liabilities 1,595,988 1,580,453
Income tax payable 5,165 5,165
Total current liabilities 29,653,339 31,104,143
Line of credit 21,000,000 21,250,000
Long-term operating lease liabilities 6,038,012 6,445,728
Long-term debt, net of current portion 896,587 1,540,747
Total liabilities 57,587,938 60,340,618
Shareholders’ Deficit:    
Common stock - $.001 par value; authorized 50,000,000 shares, 12,383,210 and 12,335,683 shares, respectively, issued and outstanding 12,383 12,336
Additional paid-in capital 72,859,577 72,833,742
Accumulated deficit (78,214,082) (78,181,151)
Total Shareholders’ Deficit (5,342,122) (5,335,073)
Total Liabilities and Shareholders’ Deficit $ 52,245,816 $ 55,005,545