Quarterly report pursuant to Section 13 or 15(d)

Backlog

v3.7.0.1
Backlog
6 Months Ended
Jun. 30, 2017
Notes to Financial Statements  
Backlog

12. BACKLOG

 

The following is a reconciliation of backlog representing signed contracts in progress at June 30, 2017:

 

Balance - December 31, 2016   $ -  
New contracts and adjustments (1)     239,955  
      239,955  
Less contract revenues earned for the six months ended June 30, 2017     (44,538 )
         
Balance – June 30, 2017     195,417  

 

(1) Reflects Benchmark’s contracts that were in place and/or obtained as of or subsequent to the date of acquisition.