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Balance Sheet

Balance Sheet

v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 39,600 $ 8,344
Restricted cash 113 113
Accounts receivable, net 124,839 105,067
Contract assets 68,576 77,188
Income tax receivable 685 494
Other current assets 3,908 4,174
Total current assets 237,721 195,380
Property and equipment, net 20,582 21,287
Intangible assets, net 11,785 12,311
Goodwill 6,129 6,129
Operating lease right-of-use assets 19,533 21,056
Deferred tax asset 4,575 4,786
Other assets 461 668
Total assets 300,786 261,617
Current liabilities    
Current portion of long-term debt 6,612 4,425
Current operating lease liabilities 3,875 3,750
Accounts payable, including retainage 88,962 86,267
Contract liabilities 61,085 42,370
Accrued income taxes 1,959 12
Accrued expenses and other current liabilities 24,508 20,045
Total current liabilities 187,001 156,869
Long-term debt 37,462 38,868
Long-term operating lease liabilities 16,402 18,247
Other long-term liabilities 6,794 763
Total liabilities 247,659 214,747
Commitments and contingencies
STOCKHOLDERS’ EQUITY    
Common stock, $0.0001 par value; 100,000,000 shares authorized, 7,894,202 issued and outstanding at September 30, 2020 and 7,688,958 at December 31, 2019 1 1
Additional paid-in capital 57,394 56,557
Accumulated deficit (4,268) (9,688)
Total stockholders’ equity 53,127 46,870
Total liabilities and stockholders’ equity $ 300,786 $ 261,617

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