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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 5,929,363 $ 7,699,335
Accounts receivable, net 819,030 1,047,728
Contract assets 1,027,288 494,281
Inventories, net 1,340,000 1,123,839
Taxes Receivable 715,599 715,599
Other current assets 447,618 709,175
Assets held for sale 16,181,368
Total Current Assets 26,460,266 11,789,957
Property, plant and equipment, net 12,460,305 28,843,563
Intangible assets, net 261,645 288,657
Other assets 23,318 13,748
Total Assets 39,205,534 40,935,925
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 503,309 817,933
Accrued expenses 1,673,162 1,409,039
Current maturities of long-term debt 1,990,508 690,667
Contract Liabilities 733,507 786,657
Liabilities held for sale 9,218,683
Total Current Liabilities 14,119,169 3,704,296
Long-term debt, net of current portion 2,415,970 13,106,057
Total Liabilities 16,535,139 16,810,353
Commitments and contingencies (see note 13)
Stockholders’ Equity:    
Common stock - $0.01 par value – 20,000,000 shares authorized; issued and outstanding 6,684,281 at March 31, 2021 and 6,678,698 at December 31, 2020 66,842 66,786
Additional paid-in capital 27,012,001 26,961,684
Accumulated deficit (4,408,448) (2,902,898)
Total Stockholders’ Equity 22,670,395 24,125,572
Total Liabilities and Stockholders’ Equity $ 39,205,534 $ 40,935,925