UNCOMPLETED CONTRACTS

9 Months Ended

Jun. 30, 2026

UNCOMPLETED CONTRACTS

UNCOMPLETED CONTRACTS

9.  UNCOMPLETED CONTRACTS

Costs, estimated earnings, and billings on uncompleted contracts as of June 30, 2026 and September 30, 2025, are summarized as follows:

	June 30, 2026		September 30, 2025
Costs incurred on contracts in progress	$	565,061,543	$	471,208,654
Estimated earnings, net of estimated losses		99,663,389		71,159,322
		664,724,932		542,367,976
Less billings to date		647,990,300		536,231,730
	$	16,734,632	$	6,136,246
Costs and estimated earnings in excess of billed on uncompleted contracts	$	43,901,138	$	34,455,011
Less billings in excess of costs and estimated earnings on uncompleted contracts		27,166,506		28,318,765
	$	16,734,632	$	6,136,246

The Company’s unaudited backlog at June 30, 2026 and September 30, 2025 was $286.6 million and $259.7 million, respectively.