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Consolidated Balance Sheets (USD $)
Dec. 31, 2012
Dec. 31, 2011
Current Assets    
Cash and cash equivalents $ 13,721,324 $ 18,136,527
Accounts receivable, net 4,515,124 3,663,579
Costs and estimated earnings in excess of billings on uncompleted contracts 2,730,104 3,410,824
Inventories, net 2,742,905 2,232,073
Idle inventories   975,000
Deferred income taxes 189,153 189,510
Other current assets 192,438 150,803
Total Current Assets 24,091,048 28,758,316
Property, plant and equipment, net 12,894,154 7,948,957
Construction in progress 4,051,573  
Deferred income taxes 568,744 390,080
Restricted Cash 800,000 1,000,000
Other assets 78,128 401,658
Intangible assets, net 41,614 49,967
Total Assets 42,525,261 38,548,978
Current Liabilities    
Current maturities of long-term debt 935,822 623,953
Billings in excess of costs and estimated earnings on uncompleted contracts 475,905 1,687,210
Accounts payable 888,058 782,053
Accrued expenses 1,355,389 1,592,281
Accrued professional fees – related party   35,000
Deferred revenue 335,404 1,089,966
Total Current Liabilities 3,990,578 5,810,463
Long-term debt, net of current portion 7,387,019 2,547,842
Total Liabilities 11,377,597 8,358,305
Commitments and Contingencies (Note 16)      
Stockholders’ Equity:    
Common stock - $0.01 par value – 10,000,000 shares authorized: issued and outstanding, 6,046,970 shares at December 31, 2012 and 5,958,785 shares at December 31, 2011 60,470 59,589
Additional paid-in capital 20,990,891 20,470,367
Retained earnings 10,096,303 9,660,717
Total Stockholders’ Equity 31,147,664 30,190,673
Total Liabilities and Stockholders’ Equity $ 42,525,261 $ 38,548,978