Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.21.2
Consolidated Balance Sheets - USD ($)
Sep. 25, 2021
Dec. 26, 2020
Current Assets    
Cash and cash equivalents $ 9,221,607 $ 45,254,655
Accounts receivable, less allowance for doubtful accounts; $4,366,000 and $4,485,000, at September 25, 2021 and December 26, 2020, respectively 101,680,287 75,135,295
Costs and estimated earnings in excess of billing on uncompleted contracts 23,602,670 11,398,934
Inventory, net 52,830,737 25,281,521
Prepaid expenses 8,851,831 5,949,711
Other current assets 3,505,602 5,192,386
Total current assets 199,692,734 168,212,502
Property and equipment, net 49,786,563 30,970,507
Other intangibles, net 18,380,776 17,387,745
Goodwill 369,607,198 259,422,822
Deferred tax asset, net 63,616,900  
Other assets 1,992,783 2,415,243
Total assets 1,130,374,999 873,478,745
Current Liabilities    
Accounts payable 56,817,373 29,889,057
Billing in excess of costs and estimated earnings on uncompleted contracts 25,759,923 21,525,319
Current maturities of long-term debt 8,111,212 6,523,417
Other accrued expenses 62,209,935 37,164,627
Total current liabilities 152,898,443 95,102,420
Line of credit 19,350,803  
Long-term debt, net 706,927,275 617,604,254
Deferred tax liability, net   15,268,131
Derivative warrant liability 35,525,000  
Other long-term liabilities 4,234,276 4,631,115
Total liabilities 918,935,797 732,605,920
STOCKHOLDERS' EQUITY    
Common Stock, 825,000,000 shares authorized, $.0001 par value, 138,384,360 and 66,145,633 shares issued and outstanding at September 25, 2021 and December 26, 2020, respectively 13,838 6,615
Additional paid in capital 231,407,780 189,298,544
Accumulated other comprehensive loss (1,123,039) (227,160)
Accumulated deficit (18,859,377) (48,205,174)
Total stockholders' equity 211,439,202 140,872,825
Total liabilities and stockholders' equity 1,130,374,999 873,478,745
Customer Relationships [Member]    
Current Assets    
Customer relationships, net 319,339,643 309,472,398
Trademarks and Trade Names [Member]    
Current Assets    
Tradename and trademarks $ 107,958,402 $ 85,597,528