Balance Sheet

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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash $ 287,300 $ 233,200 [1]
Accounts receivable, net of allowance for doubtful accounts of $235,500 and $235,500, respectively 742,000 1,188,100 [1]
Costs and estimated earnings in excess billings on uncompleted contracts 112,300 13,600 [1]
Assets held for sale 1,108,900 1,024,600 [1]
Prepaid expenses and other current assets 631,800 518,500 [1]
Total current assets 2,882,300 2,978,000 [1]
Property and equipment, net 2,558,100 2,805,100 [1]
Intangible assets, net 650,600 738,000 [1]
Other assets 60,000 16,400 [1]
TOTAL ASSETS 6,151,000 6,537,500 [1]
Current liabilities:    
Accounts payable 2,016,300 1,643,500 [1]
Accrued liabilities 1,652,800 1,381,000 [1]
Billings in excess of costs and estimated earnings on uncompleted contracts 250,400 1,090,800 [1]
Deferred revenue 188,300 188,300 [1]
Payroll taxes payable 986,300 993,300 [1]
Customer deposits 330,000 330,000 [1]
Liabilities held for sale 835,800 603,100 [1]
Current portion of notes payable and capital lease obligations 929,200 571,800 [1]
Notes payable - related parties, including accrued interest 11,800 11,800 [1]
Total current liabilities 7,200,900 6,813,600 [1]
Deferred revenue, non-current 189,400 283,600 [1]
Notes payable and capital lease obligations, net of current portion 1,729,400 1,751,500 [1]
Total liabilities 9,119,700 8,848,700 [1]
Commitments and contingencies  
Stockholders' Equity:    
Preferred stock; $.001 par value; 5,000,000 shares authorized; -0- shares issued  
Common stock; $.001 par value; 70,000,000 shares authorized; 55,738,575 and 54,525,079 shares issued, issuable** and outstanding 2017 and 2016, respectively 55,500 54,500 [1]
Common stock subscribed 25,000 25,000
Additional paid-in capital 20,175,600 19,077,600 [1]
Stock subscription receivable (25,000) (25,000) [1]
Accumulated deficit (20,938,800) (19,273,500) [1]
Total stockholders' equity (707,700) (141,400) [1]
Non-controlling interest (2,261,000) (2,169,800) [1]
Total equity (2,968,700) (2,311,200) [1]
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 6,151,000 $ 6,537,500 [1]
[1] These numbers were derived from the audited financial statements for the year ended December 31, 2016.

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