Condensed Consolidated Balance Sheet - USD ($)	Sep. 30, 2024	Dec. 31, 2023
PROPERTY, PLANT AND EQUIPMENT:
Land	$ 2,729,000	$ 2,674,000
Depreciable property, plant and equipment	427,671,000	414,170,000
Construction work-in-progress	66,703,000	48,147,000
Other	697,000	697,000
Less accumulated depreciation	(151,093,000)	(142,367,000)
Net property, plant and equipment	346,707,000	323,321,000
CURRENT ASSETS:
Cash and cash equivalents	18,145,000	3,087,000
Accounts receivable, net	3,271,000	2,845,000
Customer payments in-transit	667,000	543,000
Unbilled revenue	3,403,000	2,755,000
Taxes, prepaid expenses and other current assets	2,614,000	2,494,000
Total current assets	28,100,000	11,724,000
OTHER ASSETS:
Goodwill	9,486,000	10,820,000
Intangible assets, net	8,573,000	8,841,000
Regulatory assets	4,110,000	2,898,000
Restricted cash	3,933,000	1,676,000
Right-of-use assets	1,928,000	1,741,000
Other noncurrent assets	80,000	74,000
Total other assets	28,110,000	26,050,000
TOTAL ASSETS	402,917,000	361,095,000
CURRENT LIABILITIES:
Accounts payable	1,284,000	1,027,000
Accrued expenses	9,713,000	7,129,000
Customer and meter deposits	1,598,000	1,628,000
Long-term debt, current portion	3,931,000	3,880,000
Leases, current portion	766,000	553,000
Total current liabilities	17,292,000	14,217,000
NONCURRENT LIABILITIES:
Line of credit	0	2,315,000
Long-term debt	120,427,000	101,341,000
Long-term lease liabilities	1,359,000	1,370,000
Deferred revenue - ICFA	20,285,000	19,656,000
Regulatory liabilities	5,863,000	6,076,000
Advances in aid of construction	124,226,000	111,529,000
Contributions in aid of construction, net	39,946,000	36,409,000
Deferred income tax liabilities, net	10,063,000	8,284,000
Acquisition liabilities	2,881,000	3,048,000
Other noncurrent liabilities	11,734,000	8,230,000
Total noncurrent liabilities	336,784,000	298,258,000
Total liabilities	354,076,000	312,475,000
Commitments and contingencies (Refer to Note 13)
SHAREHOLDERS’ EQUITY:
Common stock, $0.01 par value, $60,000,000 shares authorized; 24,565,955 and 24,492,918 shares issued as of September 30, 2024 and December 31, 2023, respectively.	240,000	240,000
Treasury stock, 344,329 and 317,677 shares at September 30, 2024 and December 31, 2023, respectively.	(2,000)	(2,000)
Paid in capital	46,795,000	47,585,000
Retained earnings	1,808,000	797,000
Total shareholders’ equity	48,841,000	48,620,000
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 402,917,000	$ 361,095,000