v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash $ 835,875 $ 899,199
Accounts receivable, net 9,839,740 5,764,928
Contract assets 34,278,512 33,670,354
Inventory 620,268 800,823
Prepaid expenses and other current assets 2,103,024 2,272,696
Total Current Assets 47,677,419 43,408,000
Operating lease right-of-use assets 8,777,416 9,515,207
Property and equipment, net 512,562 412,553
Deferred tax asset, net 19,472,988 19,894,796
Goodwill 1,784,254 1,784,254
Other assets 486,377 229,691
Total Assets 78,711,016 75,244,501
Current Liabilities:    
Accounts payable 16,035,856 14,724,293
Accrued expenses 3,041,457 4,763,719
Contract liabilities 2,970,578 1,628,382
Loss reserve 126,676 138,426
Current portion of long-term debt 250,000 187,500
Financing lease liabilities, current 18,613
Operating lease liabilities, current 1,515,379 1,434,385
Income taxes payable 230,311 142,540
Total Current Liabilities 24,188,870 23,019,245
Line of credit 9,173,672 8,373,672
Long-term financing lease liabilities 86,993
Long-term operating lease liabilities 7,572,027 8,353,120
Long-term debt, net of current portion 9,578,051 9,690,890
Total Liabilities 50,599,613 49,436,927
Commitments and Contingencies (see note 11)  
Shareholders’ Equity:    
Preferred stock- $.001 par value; authorized 5,000,000 shares, 0 shares issued and outstanding
Common stock - $.001 par value; authorized 50,000,000 shares, 13,227,806 and 13,155,061 shares, respectively, issued and outstanding 13,228 13,155
Additional paid-in capital 75,523,591 75,142,168
Accumulated deficit (47,425,416) (49,347,749)
Total Shareholders’ Equity 28,111,403 25,807,574
Total Liabilities and Shareholders’ Equity $ 78,711,016 $ 75,244,501