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Contract Assets and Contract Liabilities (Details) - USD ($) | Dec. 31, 2021 | Dec. 31, 2020
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Costs and estimated earnings on uncompleted contracts |  |
Costs incurred on uncompleted contracts | $ 4,272,425 | $ 4,572,581
Provision for loss on uncompleted contracts | 2,238,578 |
Estimated earnings (losses) to date on uncompleted contracts | (3,156,377) | 872,302
Gross contract assets | 3,354,626 | 5,444,883
Less: billings to date | (4,750,289) | (5,916,487)
Net contract liabilities | $ 1,395,663 | $ 471,604

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- Definition Amount billed to customers under long-term contracts or programs that have been withheld because of retainage provisions in a contracts. + References No definition available. + Details
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- Definition Costs incurred on uncompleted contracts. + References No definition available. + Details
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- Definition Estimated income loss on uncompleted contracts. + References No definition available. + Details
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- References No definition available. + Details
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