Quarterly report pursuant to Section 13 or 15(d)

ACCRUED EXPENSES

v3.20.2
ACCRUED EXPENSES
6 Months Ended
Jun. 30, 2020
Payables And Accruals [Abstract]  
ACCRUED EXPENSES

NOTE 8. ACCRUED EXPENSES

Accrued expenses consisted of the following at: 

 

 

 

June 30,

 

 

December 31,

 

 

 

2020

 

 

2019

 

Payroll and related

 

$

162,696

 

 

$

747,458

 

Interest

 

 

25,148

 

 

 

9,895

 

Share redemption consideration

 

 

119,812

 

 

 

510,776

 

Commissions and royalties

 

 

32,688

 

 

 

78,528

 

Income tax payable

 

 

64,832

 

 

 

64,832

 

Other

 

 

6,115

 

 

 

39,390

 

Total accrued expenses

 

$

411,291

 

 

$

1,450,879