Galaxy Gaming, Inc. Annual report pursuant to Section 13 and 15(d)

ACCRUED EXPENSES (Tables)

12 Months Ended

Dec. 31, 2021

Accrued expenses consisted of the following at December 31, 2021 and 2020:

	2021			2020
Share redemption consideration	$	—		$	510,776
Commissions and royalties		1,165,744			398,096
Payroll and related		1,156,291			173,487
Interest		233,333			95,879
Income tax (receivable) payable		(3,111	)		42,218
Other		113,816			112,576
Total accrued expenses	$	2,666,073		$	1,333,032