Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 71,667 $ 43,159
Restricted cash, current 1,736  
Short-term investments   7,998
Contract receivables and retainage, net 8,229 14,089
Contract assets 2,246 5,098
Prepaid expenses and other assets 6,361 2,545
Inventory 1,673 2,157
Assets held for sale 1,800 6,200
Current assets of discontinued operations   66,116
Total current assets 93,712 147,362
Property, plant and equipment, net 28,377 31,178
Restricted cash, noncurrent 406  
Noncurrent assets of discontinued operations   39,169
Other noncurrent assets 13,381 13,634
Total assets 135,876 231,343
Current liabilities:    
Accounts payable 7,396 12,362
Contract liabilities 7,188 10,262
Accrued expenses and other liabilities 8,372 6,682
Long-term debt, current   5,499
Current liabilities of discontinued operations 176 63,607
Total current liabilities 23,132 98,412
Long-term debt, noncurrent   4,501
Other noncurrent liabilities 1,590 2,068
Total liabilities 24,722 104,981
Shareholders’ equity:    
Preferred stock, no par value, 5,000 shares authorized, no shares issued and outstanding
Common stock, no par value, 30,000 shares authorized, 15,552 shares issued and outstanding at September 30, 2021 and 15,359 at December 31, 2020 11,331 11,223
Additional paid-in capital 105,036 104,072
Retained earnings (accumulated deficit) (5,213) 11,067
Total shareholders’ equity 111,154 126,362
Total liabilities and shareholders’ equity $ 135,876 $ 231,343