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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
Jul. 01, 2018
Dec. 31, 2017
Current assets    
Accounts receivable (net of allowance for doubtful accounts of $473,573 at 2018 and 2017) $ 40,155,241 $ 36,707,885
Prepaid expenses 1,572,081 947,968
Prepaid expenses 971,943 190,912
Other current assets 250,608 143,237
Total current assets 42,949,873 37,990,002
Property and equipment, net 2,350,966 2,039,935
Other assets    
Deposits 3,121,406 2,907,104
Deferred income taxes, net 5,604,195 6,402,513
Intangible assets, net 35,125,109 37,323,286
Goodwill 17,983,549 17,970,049
Total other assets 61,834,259 64,602,952
Total assets 107,135,098 104,632,889
Current liabilities    
Long-term debt, current portion (net of deferred finance fees of $67,391 and $138,801 for 2018 and 2017, respectively) 3,913,859 2,923,699
Accrued interest 214,660 330,630
Accounts payable 1,134,932 1,909,612
Accrued expenses 11,406,665 11,540,806
Accrued workers’ compensation 430,369 592,121
Contingent consideration, current portion 4,777,218 4,299,184
Other current liabilities 0 74,052
Total current liabilities 21,877,703 21,670,104
Line of credit (net of deferred finance fees of $659,749 and $747,716 for 2018 and 2017, respectively) 16,688,129 20,620,352
Long-term debt, less current portion (net of deferred finance fees of $100,885 and $246,030 for 2018 and 2017, respectively) 6,957,615 20,578,970
Contingent consideration, less current portion 889,991 2,178,486
Other long-term liabilities 610,353 450,298
Total liabilities 47,023,791 65,498,210
Commitments and contingencies
Preferred stock, $0.01 par value per share, 500,000 shares authorized, -0- shares issued and outstanding 0 0
Common stock, $0.01 par value per share; 19,500,000 shares authorized, 10,089,029 and 8,759,376 shares issued and outstanding for 2018 and 2017, respectively 100,890 87,594
Additional paid in capital 55,831,282 37,675,329
Retained earnings 4,179,135 1,371,756
Total stockholders’ equity 60,111,307 39,134,679
Total liabilities and stockholders’ equity $ 107,135,098 $ 104,632,889