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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash $ 3,997,924 $ 3,847,225
Accounts receivable, net 5,483,915 4,857,772
Insurance recovery receivable 3,600,000 3,600,000
Contract assets 30,362,951 27,384,540
Inventory 2,334,567 2,493,069
Refundable income taxes 40,000 40,000
Prepaid expenses and other current assets 969,116 975,830
Total Current Assets 46,788,473 43,198,436
Operating lease right-of-use assets 6,071,158 6,526,627
Property and equipment, net 1,051,536 1,124,556
Deferred tax asset 6,374,470 6,574,463
Goodwill 1,784,254 1,784,254
Other assets 227,243 238,744
Total Assets 62,297,134 59,447,080
Current Liabilities:    
Accounts payable 10,812,974 8,029,996
Accrued expenses 5,779,242 7,344,590
Litigation settlement obligation 3,600,000 3,600,000
Contract liabilities 7,493,821 6,001,726
Loss reserve 464,044 576,549
Current portion of line of credit 1,920,000 1,200,000
Current portion of long-term debt 1,097,841 1,719,766
Operating lease liabilities, current 1,872,484 1,817,811
Income tax payable 11,396 11,396
Total Current Liabilities 33,051,802 30,301,834
Line of credit 19,080,000 19,800,000
Long-term operating lease liabilities 4,597,328 5,077,235
Long-term debt, net of current portion 48,746 70,981
Total Liabilities 56,777,876 55,250,050
Shareholders’ Equity:    
Common stock - $.001 par value; authorized 50,000,000 shares, 12,526,042 and 12,506,795 shares, respectively, issued and outstanding 12,526 12,507
Additional paid-in capital 73,528,353 73,189,449
Accumulated deficit (68,021,621) (69,004,926)
Total Shareholders’ Equity 5,519,258 4,197,030
Total Liabilities and Shareholders’ Equity $ 62,297,134 $ 59,447,080