​

June 30, 

December 31, 

​

​

2025

​

2024

Costs incurred on uncompleted contracts

​

$

1,730,265

​

$

1,561,338

Estimated earnings

​

246,552

​

211,439

​

​

1,976,817

​

1,772,777

Less: Billings to date

​

(1,974,628)

​

(1,735,741)

​

​

$

2,189

​

$

37,036

Included in the accompanying Consolidated Balance Sheets under the following captions:

​

​

Contract assets

​

$

50,951

​

$

84,407

Contract liabilities

​

(48,762)

​

(47,371)

​

​

$

2,189

​

$

37,036