Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash $ 257,100 $ 443,000
Accounts receivable, net of allowance for doubtful accounts of $246,500 and $263,600, respectively 1,298,900 3,017,800
Costs and estimated earnings in excess billings on uncompleted contracts 204,000 61,100
Prepaid expenses and other current assets 534,000 202,500
Total current assets 2,294,000 3,724,400
Property and equipment, net 4,331,300 4,848,800
Intangible assets, net 786,600 371,400
Other assets 37,500 52,500
TOTAL ASSETS 7,449,400 8,997,100
Current liabilities:    
Accounts payable 1,382,200 1,675,900
Accrued liabilities 889,500 925,700
Billings in excess of costs and estimated earnings on uncompleted contracts 587,900 308,500
Deferred revenue 133,900 68,400
Payroll taxes payable 970,500 947,700
Customer deposits 330,000 380,000
Current portion of notes payable and capital lease obligations 660,100 363,000
Notes payable - related parties, including accrued interest 31,800 73,800
Total current liabilities 4,985,900 4,743,000
Deferred revenue, non-current 337,200 388,200
Notes payable and capital lease obligations, net of current portion 1,161,400 60,900
Total liabilities $ 6,484,500 5,192,100
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; 52,375,079 and 51,726,316 shares issued and outstanding 2015 and 2014, respectively $ 52,400 51,700
Common stock subscribed 50,000 50,000
Additional paid-in capital 17,690,900 17,108,100
Stock subscription receivable (25,000) (25,000)
Accumulated deficit (15,387,100) (12,499,800)
Total stockholders' equity 2,381,200 4,685,000
Non-controlling interest (1,416,300) (880,000)
Total equity 964,900 3,805,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 7,449,400 $ 8,997,100