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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 30,938 $ 3,784
Accounts receivable:    
Trade, net of allowance for credit losses of $361 and $606, respectively 101,229 106,758
Retainage 42,044 50,873
Income taxes receivable 626 402
Other current 3,864 3,526
Inventory 2,699 2,862
Contract assets 81,522 43,903
Prepaid expenses and other 8,894 8,229
Total current assets 271,816 220,337
Property and equipment, net of depreciation 87,834 100,977
Operating lease right-of-use assets, net of amortization 25,696 14,978
Financing lease right-of-use assets, net of amortization 23,602 15,839
Inventory, non-current 6,361 5,469
Intangible assets, net of amortization 0 7,317
Deferred income tax asset 26 70
Other non-current 1,558 2,168
Total assets 416,893 367,155
Current liabilities:    
Current debt, net of debt issuance costs 13,453 34,956
Accounts payable:    
Trade 80,294 87,605
Retainage 2,527 1,198
Accrued liabilities 37,074 18,466
Income taxes payable 570 522
Contract liabilities 64,079 37,720
Current portion of operating lease liabilities 9,254 4,738
Current portion of financing lease liabilities 8,665 4,031
Total current liabilities 215,916 189,236
Long-term debt, net of debt issuance costs 23,740 716
Operating lease liabilities 16,632 11,018
Financing lease liabilities 13,746 11,102
Other long-term liabilities 25,320 17,072
Deferred income tax liability 64 211
Total liabilities 295,418 229,355
Stockholders' equity:    
Preferred stock -- $0.01 par value, 10,000,000 authorized, none issued
Common stock -- $0.01 par value, 50,000,000 authorized, 33,260,011 and 32,770,550 issued; 32,548,780 and 32,059,319 outstanding at December 31, 2023 and December 31, 2022, respectively 333 328
Treasury stock, 711,231 shares, at cost, as of December 31, 2023 and December 31, 2022, respectively (6,540) (6,540)
Additional paid-in capital 189,729 188,184
Retained loss (62,047) (44,172)
Total stockholders' equity 121,475 137,800
Total liabilities and stockholders' equity $ 416,893 $ 367,155