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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash $ 20,222,817 $ 699,154
Accounts receivable, net of allowance 4,057,589 6,215,957
Inventory 1,534,859 0
Costs and estimated earnings in excess of billings 2,611,712 1,354,602
Other current assets 223,647 214,963
Total current assets 28,650,624 8,484,676
Property and Equipment, net of accumulated depreciation 6,145,398 6,119,800
Captive insurance investment 233,487 198,105
Intangible assets 4,007,033 0
Investments 7,620,496 4,820,496
Total noncurrent assets 18,006,414 11,138,401
Total assets 46,657,038 19,623,077
Current Liabilities:    
Accounts payable, includes bank overdraft of $0 and $1,246,437 at June 30, 2021 and December 31, 2020, respectively 2,332,789 4,086,173
Accrued expenses 82,067 172,021
Billings in excess of costs and estimated earnings on uncompleted contracts 573,653 1,140,125
Due to stockholders 0 24,315
Line of credit 3,518,193 2,482,127
Current portion of deferred compensation 28,656 28,656
Current portion of long-term debt 274,202 308,394
Total current liabilities 6,809,560 8,241,811
Long-term liabilities:    
Deferred compensation, net of current portion 47,031 62,531
Deferred tax liability 372,441 610,558
Warrant liability 306,905 1,124,411
Long-term debt, net of current portion 1,519,820 1,701,495
Total liabilities 9,055,757 11,740,806
Commitments and Contingencies (Note 9)
Stockholders' equity:    
Preferred stock - 0.0001 par value 200,000 shares authorized, 0 and 200,000 issued and outstanding at June 30, 2021 and December 31, 2020, respectively 0 20
Common stock - 0.0001 par value 49,000,000 shares authorized, 9,087,767 and 5,313,268 issued and outstanding as of June 30, 2021 and December 31, 2020, respectively 908 531
Additional paid-in capital 36,803,433 2,577,359
Retained earnings 796,940 5,304,361
Total Stockholders' equity 37,601,281 7,882,271
Total liabilities and stockholders' equity $ 46,657,038 $ 19,623,077