Annual report pursuant to Section 13 and 15(d)

Uncompleted Contracts (Tables)

v3.21.1
Uncompleted Contracts (Tables)
12 Months Ended
Dec. 31, 2020
Contractors [Abstract]  
Schedule of Uncompleted Contracts

Costs, estimated earnings and billings on uncompleted contracts are as follows:

 

    December 31,     December 31,  
    2020     2019  
             
Revenue recognized   $ 102,700     $ 1,074,800  
Less: billings to date     (95,900 )     (832,300 )
Costs and estimated earnings in excess of billings on uncompleted contracts     6,800       242,500  
                 
Billings to date     1,716,800       2,707,200  
Revenue recognized     (1,392,900 )     (2,380,100 )
                 
Revenue contract liabilities   $ 323,900     $ 327,100