Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Current Assets:
Cash and cash equivalents	$ 20,949	$ 26,865
Restricted cash - current portion	146	150
Trade accounts receivable, net of allowance	52,670	48,752
Inventories	1,299	1,335
Contract assets	14,198	7,478
Note receivable, current portion	1,051	3,536
Prepaid expenses and other current assets	7,291	6,919
Assets held for sale, current portion	6,611	6,679
Total current assets	104,215	101,714
Property and equipment, less accumulated depreciation	28,727	29,638
Investment	1,063	1,063
Right of use assets - Operating leases	20,040	18,247
Right of use assets - Financing leases	14,231	14,702
Goodwill	102,349	100,899
Other intangible assets, net	138,207	142,656
Restricted cash, noncurrent portion	1,026	1,026
Note receivable, noncurrent portion	0	836
Deposits and other assets	1,557	1,558
Total assets	411,415	412,339
Current Liabilities:
Accounts payable	17,853	10,111
Notes payable, current portion	68,563	72,774
Line of credit	4,000	2,500
Operating lease obligations - current portion	5,179	4,674
Financing lease obligations - current portion	5,048	4,939
Accrued expenses	30,524	28,301
Contract liabilities	6,470	6,503
Financial instrument liability, current portion	25,912	825
Liabilities held for sale, current portion	5,735	4,367
Total current liabilities	169,284	134,994
Financial instrument liability, noncurrent portion	1,753	0
Deferred tax liabilities	260	260
Notes payable, less current portion	153,414	156,605
Operating lease obligations, less current portion	14,878	13,555
Financing lease obligations, less current portion	9,455	9,939
Other long-term liabilities	720	720
Total liabilities	349,764	316,073
Commitments and contingencies
Stockholders' Equity:
Preferred stock, par value $0.001; 10,000,000 shares authorized; no shares issued at March 31, 2022 or December 31, 2021	0	0
Common stock, par value $0.001; 325,000,000 shares authorized; 85,887,514 shares issued and 85,409,451 shares outstanding at March 31, 2022 and 82,259,739 shares issued and 81,906,676 shares outstanding at December 31, 2021	86	82
Additional paid-in capital	314,485	311,487
Treasury stock at cost; 353,063 shares held at March 31, 2022 and December 31, 2021	(413)	(413)
Accumulated deficit	(248,535)	(210,934)
Accumulated other comprehensive loss	(3,989)	(3,995)
Total Orbital Energy Group, Inc.'s stockholders' equity	61,634	96,227
Noncontrolling interest	17	39
Total stockholders' equity	61,651	96,266
Total liabilities and stockholders' equity	$ 411,415	$ 412,339