Contract Assets and Contract Liabilities (Tables)

6 Months Ended

Jun. 30, 2023

Contract Assets and Contract Liabilities [Abstract]

Summary of costs and estimated earnings on uncompleted contracts

	2023			2022
Costs incurred on uncompleted contracts	$	12,765,232		$	13,730,177
Provision for loss on uncompleted contracts		—			—
Estimated earnings to date on uncompleted contracts		614,825			(2,160,085	)
Gross contract assets		13,380,057			11,570,092
Less: billings to date		(12,676,540	)		(11,970,979	)
Net contract assets/(liabilities) on uncompleted contracts	$	703,517		$	(400,887	)

Summary of costs included in condensed consolidated balance sheets

	2023			2022
Contract assets	$	872,309		$	36,384
Contract liabilities		(168,792	)		(437,271	)
Net contract assets (liabilities)	$	703,517		$	(400,887	)