Balance Sheet

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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash $ 142,300 $ 257,100 [1]
Accounts receivable, net of allowance for doubtful accounts of $250,400 and $246,500, respectively 1,929,600 1,298,900 [1]
Costs and estimated earnings in excess billings on uncompleted contracts [1]   204,000
Prepaid expenses and other current assets 520,500 534,000 [1]
Total current assets 2,592,400 2,294,000 [1]
Property and equipment, net 3,972,600 4,331,300 [1]
Intangible assets, net 755,800 786,600 [1]
Asset related to pending settlement (Note 10) 720,000  
Other assets 25,600 37,500 [1]
TOTAL ASSETS 8,066,400 7,449,400 [1]
Current liabilities:    
Accounts payable 1,776,800 1,382,200 [1]
Accrued liabilities 938,100 889,500 [1]
Billings in excess of costs and estimated earnings on uncompleted contracts 700,400 587,900 [1]
Deferred revenue 188,300 133,900 [1]
Payroll taxes payable 987,600 970,500 [1]
Customer deposits 330,000 330,000 [1]
Current portion of notes payable and capital lease obligations 825,500 660,100 [1]
Related party payable, including accrued interest 46,400 31,800 [1]
Total current liabilities 5,793,100 4,985,900 [1]
Deferred revenue, non-current 330,600 337,200 [1]
Notes payable and capital lease obligations, net of current portion 1,296,700 1,161,400 [1]
Total liabilities 7,420,400 6,484,500 [1]
Commitments and contingencies [1]
Stockholders' Equity):    
Preferred stock; $.001 par value; 5,000,000 shares authorized; -0- shares issued [1]
Common stock; $.001 par value; 70,000,000 shares authorized; 54,525,079 and 52,375,079 shares issued and outstanding 2016 and 2015, respectively 54,500 52,400 [1]
Common stock subscribed 25,000 50,000 [1]
Additional paid-in capital 19,074,700 17,690,900 [1]
Stock subscription receivable (25,000) (25,000) [1]
Accumulated deficit (16,843,800) (15,387,100) [1]
Total stockholders' equity 2,285,400 2,381,200 [1]
Non-controlling interest (1,639,400) (1,416,300) [1]
Total equity 646,000 964,900 [1]
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 8,066,400 $ 7,449,400 [1]
[1] These numbers were derived from the audited financial statements for the year ended December 31, 2015.

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