v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 3,290,702 $ 13,010,356
Accounts receivable, net 3,566,616 2,635,608
Contract assets 484,622 1,303,136
Inventories 790,081 778,144
Prepaid expenses and other current assets 816,761 570,775
Total current assets 8,948,782 18,298,019
Property, plant and equipment, net 6,935,265 2,683,014
Goodwill 1,309,330 1,309,330
Right-of-use asset 1,292,803 1,537,545
Long-term note receivable 710,685 682,637
Intangible assets, net 2,137,056 2,218,609
Deferred contract costs, net 122,355 152,944
Investment in and advances to equity affiliates 3,464,762
Total Assets 24,921,038 26,882,098
Current liabilities:    
Accounts payable and accrued expenses 7,135,750 3,961,961
Contract liabilities 1,176,180 1,774,740
Lease liability, current maturities 334,736 326,654
Due to affiliates 232,110 965,561
Assumed liability 5,795 200,765
Short term note payable, net 1,959,018
Other current liabilities 5,000
Total current liabilities 10,843,589 7,234,681
Lease liability, net of current maturities 957,497 1,209,594
Total liabilities 11,801,086 8,444,275
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $1.00 par value, 5,405,010 shares authorized; none issued or outstanding
Common stock, $0.01 par value, 25,000,000 shares authorized; 8,822,489 issued and outstanding as of September 30, 2021 and 8,596,189 issued and outstanding as of December 31, 2020 88,225 85,962
Additional paid-in capital 41,927,422 40,443,840
Accumulated deficit (29,682,587) (22,276,546)
Total SG Blocks, Inc. stockholders’ equity 12,333,060 18,253,256
Non-controlling interest 786,892 184,567
Total stockholders' equity 13,119,952 18,437,823
Total Liabilities and Stockholders’ Equity $ 24,921,038 $ 26,882,098

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