Contract Assets and Contract Liabilities (Tables)

9 Months Ended

Sep. 30, 2022

Contract Assets and Contract Liabilities [Abstract]

Summary of costs and estimated earnings on uncompleted contracts

	2022			2021
Costs incurred on uncompleted contracts	$	7,072,572		$	4,272,425
Provision for loss on uncompleted contracts		49,705			2,238,578
Estimated earnings to date on uncompleted contracts		(1,015,447	)		(3,156,377	)
Gross contract assets		6,106,830			3,354,626
Less: billings to date		(7,381,248	)		(4,750,289	)
Net contract liabilities on uncompleted contracts	$	(1,274,418	)	$	(1,395,663	)

Summary of costs included in condensed consolidated balance sheets

	2022			2021
Contract assets	$	—		$	41,916
Contract liabilities		(1,274,418	)		(1,437,579	)
Net contract liabilities	$	(1,274,418	)	$	(1,395,663	)