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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 8,883 $ 3,784
Restricted cash 1,542 0
Accounts receivable:    
Trade, net of allowance for credit losses of $576 and $606, respectively 120,010 106,758
Retainage 48,232 50,873
Income taxes receivable 598 402
Other current 3,205 3,526
Inventory 2,862 2,862
Contract assets 34,949 43,903
Prepaid expenses and other 6,370 8,229
Total current assets 226,651 220,337
Property and equipment, net of depreciation 91,793 100,977
Operating lease right-of-use assets, net of amortization 22,010 14,978
Financing lease right-of-use assets, net of amortization 14,684 15,839
Inventory, non-current 5,778 5,469
Intangible assets, net of amortization 6,993 7,317
Deferred income tax asset 67 70
Other non-current 1,233 2,168
Total assets 369,209 367,155
Current liabilities:    
Current debt, net of debt issuance costs 13,277 34,956
Accounts payable:    
Trade 73,756 87,605
Retainage 1,441 1,198
Accrued liabilities 26,106 18,466
Income taxes payable 698 522
Contract liabilities 40,866 37,720
Current portion of operating lease liabilities 6,152 4,738
Current portion of financing lease liabilities 3,515 4,031
Total current liabilities 165,811 189,236
Long-term debt, net of debt issuance costs 23,659 716
Operating lease liabilities 16,095 11,018
Financing lease liabilities 10,159 11,102
Other long-term liabilities 27,042 17,072
Deferred income tax liability 213 211
Total liabilities 242,979 229,355
Stockholders' equity:    
Preferred stock -- $0.01 par value, 10,000,000 authorized, none issued
Common stock -- $0.01 par value, 50,000,000 authorized, 33,122,768 and 32,770,550 issued; 32,411,537 and 32,059,319 outstanding at June 30, 2023 and December 31, 2022, respectively 331 328
Treasury stock, 711,231 shares, at cost, as of June 30, 2023 and December 31, 2022, respectively (6,540) (6,540)
Additional paid-in capital 189,461 188,184
Retained loss (57,022) (44,172)
Total stockholders' equity 126,230 137,800
Total liabilities and stockholders' equity $ 369,209 $ 367,155