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CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2015
Sep. 30, 2014
Current assets    
Cash and cash equivalents $ 1,493,040 $ 2,654,154
Accounts receivable-trade 21,338,455 14,544,399
Allowance for doubtful accounts (147,922) (158,487)
Retainages receivable 3,313,995 1,278,418
Other receivables 265,695 347,421
Costs and estimated earnings in excess of billings on uncompleted contracts 6,745,377 9,326,557
Deferred tax asset 1,126,697 3,329,920
Prepaid expenses and other 2,372,968 1,823,132
Assets of discontinued operations 1,739,324 1,234,550
Total current assets 38,247,629 34,380,064
Property, plant and equipment, at cost 33,494,845 30,287,192
less accumulated depreciation $ (25,075,178) $ (22,381,955)
Assets of discontinued operations, net
Total fixed assets $ 8,419,667 $ 7,905,237
Long-term notes receivable 137,281  
Total assets 46,804,577 42,285,301
Current liabilities    
Current maturities of long-term debt 2,376,577 2,538,461
Lines of credit and short term borrowings 4,516,235 760,132
Accounts payable 3,671,847 5,443,948
Accrued expenses and other current liabilities 4,301,439 3,485,042
Billings in excess of costs and estimated earnings on uncompleted contracts 2,672,294 723,161
Income tax payable 171,782 62,505
Liabilities of discontinued operations 101,409 387,227
Total current liabilities 17,811,583 13,400,476
Long-term debt, less current maturities 6,802,451 7,936,533
Deferred income taxes payable 1,903,907 2,480,016
Liabilities of discontinued operations   13,170
Total liabilities $ 26,517,941 $ 23,830,195
Shareholders' equity    
Preferred stock, $.0001 par value Authorized 1,000,000 shares, 206 issued at September 30, 2015 and 2014
Common stock, $.0001 par value Authorized 50,000,000 shares 14,839,836 issued and 14,239,836 outstanding at September 30, 2015 and 2014 $ 1,484 $ 1,484
Treasury stock, 600,000 shares at September 30, 2015 and 2014 (60) (60)
Additional paid in capital 61,289,260 61,289,260
Retained earnings (deficit) (41,004,048) (42,835,578)
Total shareholders' equity 20,286,636 18,455,106
Total liabilities and shareholders' equity $ 46,804,577 $ 42,285,301