Balance Sheet

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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash $ 149,500 $ 233,200 [1]
Accounts receivable, net of allowance for doubtful accounts of $235,500 and $235,500, respectively 933,800 1,188,100 [1]
Notes receivable, net 453,800  
Costs and estimated earnings in excess billings on uncompleted contracts [1]   13,600
Assets held for sale [1]   1,024,600
Prepaid expenses and other current assets 406,300 518,500 [1]
Total current assets 1,943,400 2,978,000 [1]
Property and equipment, net 2,222,800 2,805,100 [1]
Intangible assets, net 644,000 738,000 [1]
Notes receivable, net of current portion 807,700  
Other assets 60,000 16,400 [1]
TOTAL ASSETS 5,677,900 6,537,500 [1]
Current liabilities:    
Accounts payable 1,425,300 1,643,500 [1]
Accrued liabilities 1,243,800 1,381,000 [1]
Billings in excess of costs and estimated earnings on uncompleted contracts 600,100 1,090,800 [1]
Deferred revenue 134,800 188,300 [1]
Payroll taxes payable 992,000 993,300 [1]
Customer deposits [1]   330,000
Liabilities held for sale [1]   603,100
Current portion of notes payable and capital lease obligations 425,000 571,800 [1]
Notes payable - related parties, including accrued interest 11,800 11,800 [1]
Total current liabilities 4,832,800 6,813,600 [1]
Deferred revenue, non-current 146,800 283,600 [1]
Notes payable and capital lease obligations, net of current portion 1,715,200 1,751,500 [1]
Total liabilities 6,694,800 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; 56,338,575 and 54,525,079 shares issued and outstanding 2017 and 2016, respectively 56,100 54,500 [1]
Common stock subscribed 25,000 25,000
Additional paid-in capital 20,616,500 19,077,600 [1]
Stock subscription receivable (25,000) (25,000) [1]
Accumulated deficit (19,404,700) (19,273,500) [1]
Total stockholders' equity 1,267,900 (141,400) [1]
Non-controlling interest (2,284,800) (2,169,800) [1]
Total equity (1,016,900) (2,311,200) [1]
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 5,677,900 $ 6,537,500 [1]
[1] These numbers were derived from the audited financial statements for the year ended December 31, 2016. See accompanying notes.

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