Peck co holdings, inc. (PECK)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15
Assets
Current Assets:
Cash

56

95

28

25

81

313

71

14

23

25

23

17

53

1

20

47

-

36

Accounts receivable, net of allowance

7,127

7,294

7,157

4,380

-

2,054

-

-

-

-

-

-

-

-

-

-

-

-

Costs and estimated earnings in excess of billings

1,470

1,272

3,427

1,603

-

718

-

-

-

-

-

-

-

-

-

-

-

-

Due from stockholders

-

-

0

2

-

2

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

139

201

210

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29

-

Prepaid insurance and other

-

-

-

-

47

-

30

31

61

14

29

53

76

6

17

27

49

0

Total current assets

8,793

8,864

10,825

6,013

129

3,089

102

45

85

39

53

70

129

8

37

74

79

36

Property and equipment:
Building and improvements

672

672

672

672

-

666

-

-

-

-

-

-

-

-

-

-

-

-

Vehicles

1,283

1,283

1,283

1,187

-

1,147

-

-

-

-

-

-

-

-

-

-

-

-

Tools and equipment

517

517

517

511

-

493

-

-

-

-

-

-

-

-

-

-

-

-

Solar arrays

6,386

6,386

6,386

6,386

-

6,386

-

-

-

-

-

-

-

-

-

-

-

-

Property plant and equipment, gross

8,859

8,859

8,859

8,758

-

8,693

-

-

-

-

-

-

-

-

-

-

-

-

Less accumulated depreciation

2,348

2,193

2,037

1,882

-

1,571

-

-

-

-

-

-

-

-

-

-

-

-

Property plant and equipment, net

6,511

6,666

6,821

6,875

-

7,121

-

-

-

-

-

-

-

-

-

-

-

-

Other Assets:
Captive insurance investment

198

140

-

-

-

80

-

-

-

-

-

-

-

-

-

-

-

-

Captive insurance investment

-

-

140

139

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Due from stockholders

-

-

0

250

-

250

-

-

-

-

-

-

-

-

-

-

-

-

Cash surrender value - life insurance

-

-

279

225

-

224

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

-

-

420

614

-

555

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash and investments held in trust account

-

-

-

-

6,160

-

7,968

8,852

22,059

41,019

40,765

40,510

40,469

40,473

40,452

40,419

40,375

0

Deferred offering costs associated with public offering

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

226

Total assets

15,503

15,671

18,067

13,502

6,289

10,766

8,071

8,898

22,144

41,059

40,819

40,581

40,599

40,481

40,490

40,493

40,454

263

Liabilities and Stockholders' Equity
Current Liabilities:
Accounts payable, includes bank overdrafts of $631,936 and $1,496,695 at March 31, 2020 and December 31, 2019, respectively

2,496

4,274

3,580

2,497

-

1,495

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses

138

119

289

258

-

236

-

-

-

-

-

-

-

-

-

-

-

-

Billings in excess of costs and estimated earnings on uncompleted contracts

287

126

826

720

-

180

-

-

-

-

-

-

-

-

-

-

-

-

Accrued losses on contract in progress

-

-

0

0

-

9

-

-

-

-

-

-

-

-

-

-

-

-

Due to stockholders

51

342

442

721

-

33

-

-

-

-

-

-

-

-

-

-

-

-

Line of credit

5,622

3,185

5,000

1,554

-

972

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

-

-

-

-

807

-

870

891

819

609

438

333

345

244

224

244

181

85

Loan payable (net of deferred financing costs)

-

-

-

-

199

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term loan

-

-

-

-

-

-

-

-

-

-

10

20

30

-

6

16

30

-

Notes and advances payable - related parties (net of deferred financing costs)

-

-

-

-

2,056

-

2,056

2,030

1,919

1,536

1,216

971

900

0

705

-

542

-

Current portion of deferred compensation

27

27

27

27

780

27

-

-

-

-

-

-

780

-

780

780

780

0

Current portion of long-term debt

376

426

443

633

-

410

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

9,000

8,501

10,608

6,412

3,843

3,365

2,926

2,921

2,739

2,146

1,665

1,325

1,276

244

936

261

211

-

Long-term liabilities:
Deferred compensation, net of current portion

81

88

96

103

-

116

780

780

780

780

780

780

-

780

-

-

-

-

Deferred tax liability

955

1,098

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liability

-

-

1,527

1,506

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt, net of current portion

1,881

1,966

2,076

1,798

-

2,212

-

-

-

-

-

-

-

-

-

-

-

-

Long-term liabilities

-

-

3,700

3,408

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes and advances payable - related parties

-

-

-

-

-

-

-

-

-

-

0

0

0

790

0

627

-

362

Total liabilities

11,919

11,655

-

-

-

5,695

3,706

3,701

3,519

2,926

2,445

2,105

2,056

1,814

1,716

1,668

1,534

447

Common stock subject to possible redemption: 0 shares and 3,149,524 shares (at redemption value of $10.52 per share) at December 31, 2018 and December 31, 2017.

-

-

-

-

-

-

0

196

13,624

33,132

33,374

33,476

-

33,666

-

-

-

-

Common stock subject to possible redemption: At March 31, 2017 and December 31, 2016, 3,240,929 and 3,252,836 shares respectively (at redemption value of $10.35 per share)

-

-

-

-

-

-

-

-

-

-

-

-

33,543

-

33,773

33,825

33,920

0

Commitments and Contingencies (Note 9)

-

-

-

-

-

0

0

0

0

-

0

-

0

0

0

0

0

0

Stockholders' equity:
Preferred stock - 0.0001 par value 1,000,000 shares authorized, 0 issued and outstanding

-

-

0

0

-

0

0

0

0

-

0

0

0

0

0

0

0

0

Common stock - 0.0001 par value 49,000,000 shares authorized, 5,298,159 issued and outstanding as of March 31, 2020 and December 31, 2019, respectively

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital

412

412

423

423

3,909

552

5,894

6,717

6,512

6,227

5,966

5,857

5,778

5,643

5,499

5,448

-

24

Additional paid-in-capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,353

-

Retained earnings

3,171

3,603

3,333

3,257

-1,464

4,518

-1,530

-1,717

-1,512

-1,227

-967

-857

-778

-643

-499

-448

-353

-209

Total Stockholders' equity

3,584

4,016

3,757

3,681

2,445

5,071

4,364

5,000

5,001

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

-184

Total liabilities and stockholders' equity

15,503

15,671

18,067

13,502

6,289

10,766

8,071

8,898

22,144

41,059

40,819

40,581

40,599

40,481

40,490

40,493

40,454

263