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BALANCE SHEETS - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Current Assets:    
Cash $ 1,039,586 $ 1,002,023
Accounts receivable, net 8,514,613 7,665,837
Costs and estimated earnings in excess of billings on uncompleted contracts 99,578,526 102,622,387
Prepaid expenses and other current assets 2,155,481 1,065,473
Total current assets 111,288,206 112,355,720
Property and equipment, net 2,298,610 2,358,736
Deferred income taxes, net 3,952,598 1,890,000
Other assets 252,481 108,080
Total Assets 117,791,895 116,712,536
Current Liabilities:    
Accounts payable 14,027,457 18,379,469
Accrued expenses 1,386,147 1,057,682
Billings in excess of costs and estimated earnings on uncompleted contracts 115,337 175,438
Current portion of long-term debt 1,341,924 1,011,491
Contract loss 1,377,171 549,723
Line of credit 22,438,685 23,700,000
Income tax payable 6,000 189,000
Total current liabilities 40,692,721 45,062,803
Long-term debt, net of current portion 8,860,724 483,961
Other liabilities 632,744 633,663
Total Liabilities 50,186,189 46,180,427
Shareholders' Equity:    
Common stock - $.001 par value; authorized 50,000,000 shares, 8,739,836 and 8,583,511 shares, respectively, issued and outstanding 8,738 8,584
Additional paid-in capital 52,824,950 52,137,384
Retained earnings 14,781,018 18,389,594
Accumulated other comprehensive loss (9,000) (3,453)
Total Shareholders' Equity 67,605,706 70,532,109
Total Liabilities and Shareholders' Equity $ 117,791,895 $ 116,712,536