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Consolidated Statements of Operations (USD $)
|
12 Months Ended | ||
|---|---|---|---|
|
Dec. 31, 2011
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Dec. 31, 2010
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Dec. 31, 2009
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| Income Statement [Abstract] | |||
| Project billings and services | $ 30,665,334 | $ 46,036,043 | $ 36,023,901 |
| Project costs | 27,887,648 | 37,075,811 | 28,690,082 |
| Gross margin | 2,777,686 | 8,960,232 | 7,333,819 |
| Groos margin ratio | 9.10% | 19.50% | 20.40% |
| Operating expenses: | |||
| Payroll expense and related payroll taxes and benefits | 4,848,138 | 4,406,783 | 4,779,125 |
| Office Expense | 540,890 | 692,733 | 747,621 |
| Occupancy | 850,395 | 922,762 | 902,857 |
| Business Insurance | 510,192 | 498,577 | 471,217 |
| Professional Services | 726,162 | 814,689 | 949,844 |
| Equipment Expenses, net of usage credit | 501,429 | 411,628 | 503,018 |
| Other expenses | 318,589 | 352,956 | 957,768 |
| Total operating expenses | 8,295,795 | 8,100,128 | 9,311,450 |
| Operating income (loss) | (5,518,109) | 860,104 | (1,977,631) |
| Other income and (expense): | |||
| Interest expense | (654,319) | (545,546) | (309,442) |
| Other, net | 112,326 | 96,284 | 24,388 |
| Total other income and (expense) | (541,993) | (449,262) | (285,054) |
| Net income (loss) before income taxes | (6,060,102) | 410,842 | (2,262,685) |
| Income tax benefit (expense): | |||
| Current | (2,100) | (19,371) | (23,605) |
| Deferred | (1,419,500) | 394,800 | 401,400 |
| Total income tax benefit (expense) | (1,421,600) | 375,429 | 377,795 |
| Net Income (Loss) | $ (7,481,702) | $ 786,271 | $ (1,884,890) |
| Earnings (loss) per common share; Basic | $ (0.63) | $ 0.07 | $ (0.16) |
| Earnings (loss) per common share; Diluted | $ (0.63) | $ 0.03 | $ (0.16) |
| Weighted average shares outstanding; Basic | 11,940,373 | 11,940,373 | 11,940,373 |
| Weighted average shares outstanding; Diluted | 11,940,373 | 19,734,874 | 11,940,373 |