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Balance Sheet

Balance Sheet

v3.19.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 1,011 $ 1,619
Restricted cash 113 113
Accounts receivable, net 142,761 135,687
Costs and estimated earnings in excess of billings on uncompleted contracts 36,030 32,698
Other current assets (Note 14) 4,637 34,869
Total current assets 184,552 204,986
Property and equipment, net of accumulated depreciation of $14.1 million and $11.8 million at June 30, 2019 and December 31, 2018, respectively 20,758 20,527
Intangible assets, net 12,603 12,953
Goodwill 10,488 10,488
Deferred tax asset 4,170 4,409
Other assets 798 271
Total assets 233,369 253,634
Current liabilities    
Current portion of long-term debt 2,173 3,141
Accounts payable, including retainage 69,702 74,353
Billings in excess of costs and estimated earnings on uncompleted contracts 46,536 50,843
Accrued income taxes 10 0
Accrued expenses and other current liabilities (Note 14) 24,575 53,801
Total current liabilities 142,996 182,138
Long-term debt 39,983 23,614
Other long-term liabilities 2,498 1,514
Total liabilities 185,477 207,266
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 June 30, 2019 or December 31, 2018 0 0
STOCKHOLDERS' EQUITY    
Common stock, $0.0001 par value; 100,000,000 shares authorized, 7,643,133 issued and outstanding at June 30, 2019 and 7,592,911 at December 31, 2018 1 1
Additional paid-in capital 55,673 54,791
Accumulated deficit (7,782) (8,424)
Total stockholders' equity 47,892 46,368
Total liabilities and stockholders' equity $ 233,369 $ 253,634

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