For $150 you are not going to get a collection agency to pursue it. And a legal shark charges at least that for just sending them a letter.
Are they a inc that is going under if yes you are SOL. If not, like sole prop, you can file a small claims against them. Costs about $30 to file and if you win and they still don't pay you can have lots of fun with them legally.
And the judgment includes all court costs and filing fees but not your time or lost wages. You can get the forms on line and mail everything in.
When I started my business a guy told me, "I will spend $5000 to collect $200, nobody gets away without paying".
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