UNCOMPLETED CONTRACTS - SUMMARY OF COST, ESTIMATED EARNINGS AND BILLINGS ON UNCOMPLETED CONTRACTS (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Contractors [Abstract]
Costs incurred on uncompleted contracts	$ 5,991,300	$ 0
Estimated earnings	811,600	0
Costs and estimated earnings on uncompleted contracts	6,802,900	0
Billings to date	4,635,700	0
Costs and estimated earnings in excess of billings on uncompleted contracts	2,167,200	0
Billings in excess of costs and estimated earnings on uncompleted contracts	0	0
Total earnings from completed and uncompleted contracts	$ 2,167,200	$ 0

Billings In Excess Of Costs And Estimated Earnings On Uncompleted Contracts

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- Definition

Costs And Estimated Earnings In Excess Of Billings On Uncompleted Contracts

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Costs And Estimated Earnings On Uncompleted Contracts

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Estimated earnings on long term contracts.

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Amounts due for billed services rendered or to be rendered, actions taken or to be taken, or a promise to refrain from taking certain actions in accordance with the terms of a legally binding agreement between the Company and, at a minimum, one other party. An example would be amounts billed to customers under contracts or programs but not paid as of the balance sheet date.

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Amount, before accumulated amortization and accumulated impairment loss, of asset recognized from cost incurred to obtain or fulfill contract with customer.

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-Publisher FASB
-Name Accounting Standards Codification
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Amount, after allowance for credit loss, of right to consideration in exchange for good or service transferred to customer when right is conditioned on something other than passage of time.

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