Galaxy Gaming, Inc. Quarterly report pursuant to Section 13 or 15(d)

ACCRUED EXPENSES

3 Months Ended

Mar. 31, 2021

NOTE 8. ACCRUED EXPENSES

Accrued expenses consisted of the following at:

	March 31,		December 31,
	2021		2020
Share redemption consideration	$	706,258	$	510,776
Commissions and royalties		722,023		398,096
Payroll and related		461,095		173,487
Interest		98,398		95,879
Income tax payable		46,629		42,218
Other		127,630		112,576
Total accrued expenses	$	2,162,033	$	1,333,032