Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 28,829 $ 8,344
Restricted cash 113 113
Accounts receivable, net 101,451 105,067
Contract assets 72,287 77,188
Income tax receivable 665 494
Other current assets 4,340 4,174
Total current assets 207,685 195,380
Property and equipment, net 20,161 21,287
Intangible assets, net 11,894 12,311
Goodwill 6,129 6,129
Operating lease right-of-use assets 19,616 21,056
Deferred tax asset 3,988 4,786
Other assets 530 668
Total assets 270,003 261,617
Current liabilities    
Current portion of long-term debt 6,414 4,425
Current operating lease liabilities 3,681 3,750
Accounts payable, including retainage 66,748 86,267
Contract liabilities 58,624 42,370
Accrued expenses and other current liabilities 29,373 20,057
Total current liabilities 164,840 156,869
Long-term debt 37,521 38,868
Long-term operating lease liabilities 16,502 18,247
Other long-term liabilities 940 763
Total liabilities 219,803 214,747
Commitments and contingencies
STOCKHOLDERS’ EQUITY    
Common stock, $0.0001 par value; 100,000,000 shares authorized, 7,853,377 issued and outstanding at June 30, 2020 and 7,688,958 at December 31, 2019 1 1
Additional paid-in capital 56,992 56,557
Accumulated deficit (6,793) (9,688)
Total stockholders’ equity 50,200 46,870
Total liabilities and stockholders’ equity $ 270,003 $ 261,617