v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash $ 899,199 $ 5,490,963
Accounts receivable, net 5,764,928 3,716,378
Contract assets, net 33,670,354 32,832,290
Inventory 800,823 918,288
Prepaid expenses and other current assets 2,272,696 634,534
Total Current Assets 43,408,000 43,592,453
Operating lease right-of-use assets 9,515,207 2,856,200
Property and equipment, net 412,553 767,904
Deferred tax asset, net 19,894,796 18,837,576
Goodwill 1,784,254 1,784,254
Other assets 229,691 143,615
Total Assets 75,244,501 67,982,002
Current Liabilities:    
Accounts payable 14,724,293 11,097,685
Accrued expenses 4,763,719 7,922,316
Contract liabilities 1,628,382 2,430,663
Loss reserve 138,426 22,832
Current portion of line of credit 2,750,000
Current portion of long-term debt 187,500 26,483
Operating lease liabilities 1,434,385 2,162,154
Income taxes payable 142,540 58,209
Total Current Liabilities 23,019,245 26,470,342
Line of credit, net of current portion 8,373,672 14,640,000
Long-term operating lease liabilities 8,353,120 938,418
Long-term debt, net of current portion 9,690,890
Total Liabilities 49,436,927 42,048,760
Shareholders’ Equity:    
Preferred stock - $0.01 par value; authorized 5,000,000 shares, 0 shares, issued and outstanding
Common stock - $.001 par value; authorized 50,000,000 shares, 13,155,061 and 12,978,741 shares, respectively, issued and outstanding 13,155 12,979
Additional paid-in capital 75,142,168 74,424,651
Accumulated deficit (49,347,749) (48,504,388)
Total Shareholders’ Equity 25,807,574 25,933,242
Total Liabilities and Shareholders’ Equity $ 75,244,501 $ 67,982,002