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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash $ 3,847,225 $ 6,308,866
Accounts receivable, net 4,857,772 4,967,714
Insurance recovery receivable 3,600,000 2,850,000
Contract assets 27,384,540 24,459,339
Inventory 2,493,069 4,028,925
Refundable income taxes 40,000 40,000
Prepaid expenses and other current assets 975,830 625,075
Total Current Assets 43,198,436 43,279,919
Operating lease right-of-use assets 6,526,627 7,796,768
Property and equipment, net 1,124,556 1,646,863
Deferred tax asset 6,574,463
Intangibles, net 125,000
Goodwill 1,784,254 1,784,254
Other assets 238,744 372,741
Total Assets 59,447,080 55,005,545
Current Liabilities:    
Accounts payable 8,029,996 10,429,018
Accrued expenses 7,344,590 6,102,587
Litigation settlement obligation 3,600,000 3,003,259
Contract liabilities 6,001,726 5,122,766
Loss reserve 576,549 1,495,714
Current portion of line of credit 1,200,000
Current portion of long-term debt 1,719,766 3,365,181
Operating lease liabilities 1,817,811 1,580,453
Income taxes payable 11,396 5,165
Total Current Liabilities 30,301,834 31,104,143
Line of credit, net of current portion 19,800,000 21,250,000
Long-term operating lease liabilities 5,077,235 6,445,728
Long-term debt, net of current portion 70,981 1,540,747
Total Liabilities 55,250,050 60,340,618
Shareholders’ Equity (Deficit):    
Common stock - $.001 par value; authorized 50,000,000 shares, 12,506,795 and 12,335,683 shares, respectively, issued and outstanding 12,507 12,336
Additional paid-in capital 73,189,449 72,833,742
Accumulated deficit (69,004,926) (78,181,151)
Total Shareholders’ Equity (Deficit) 4,197,030 (5,335,073)
Total Liabilities and Shareholders’ Equity (Deficit) $ 59,447,080 $ 55,005,545