Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.10.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 526 $ 626
Restricted cash 113 113
Accounts receivable, net 140,329 129,343
Costs and estimated earnings in excess of billings on uncompleted contracts 32,407 33,006
Other current assets (Note 14) 36,800 3,172
Total current assets 210,175 166,260
Property and equipment, net of accumulated depreciation of $10.7 million and $7.8 million at September 30, 2018 and December 31, 2017, respectively 20,029 17,918
Intangible assets, net 13,250 14,225
Goodwill 10,488 10,488
Deferred tax asset 4,695 3,664
Other assets 35 465
Total assets 258,672 213,020
Current liabilities    
Current portion of long-term debt 36,628 6,358
Accounts payable, including retainage 60,138 67,438
Billings in excess of costs and estimated earnings on uncompleted contracts 52,420 28,543
Accrued income taxes 0 2,220
Accrued expenses and other current liabilities (Note 14) 63,157 30,925
Total current liabilities 212,343 135,484
Long-term debt 2,644 20,556
Other long-term liabilities 1,187 861
Total liabilities 216,174 156,901
Commitments and contingencies (Note 14)
Redeemable convertible preferred stock, net, par value $0.0001, 1,000,000 shares authorized, no shares issued and outstanding at September 30, 2018 and 280,000 issued and outstanding at December 31, 2017 ($7,853 redemption value at December 31, 2017) 0 7,959
STOCKHOLDERS' EQUITY    
Common stock, $0.0001 par value; 100,000,000 shares authorized, 7,590,778 issued and outstanding at September 30, 2018 and 7,504,133 at December 31, 2017 1 1
Additional paid-in capital 54,295 54,738
Accumulated deficit (11,798) (6,579)
Total stockholders' equity 42,498 48,160
Total liabilities and stockholders' equity $ 258,672 $ 213,020