Annual report pursuant to Section 13 and 15(d)

Accrued Expenses (Tables)

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Accrued Expenses (Tables)
 12 Months Ended
Dec. 31, 2017
Payables and Accruals [Abstract]  
Schedule of Accrued Expenses

Accrued expenses consist of the following:

 

    December 31,  
    2017     2016  
             
Registration rights penalty   $ -     $ 967,928  
Accrued consulting fees     -       184,800  
Accrued host fees     1,657,663       1,308,897  
Accrued professional, board and other fees     2,683,557       1,381,399  
Accrued wages     1,016,563       241,466  
Accrued commissions     883,763       445,000  
Warranty payable     171,000       338,000  
Accrued taxes payable     551,190       511,902  
Accrued payroll taxes payable     632,078       122,069  
Warrants payable     1,154,120       155,412  
Accrued issuable equity     1,785,786       862,377  
Accrued interest expense     347,027       273,838  
Accrued lease termination costs     300,000       -  
Accrued settlement reserve costs     12,980,588       -  
Dividend payable     1,892,800       1,150,100  
Other accrued expenses     19,115       12,788  
Total accrued expenses   $ 26,075,250     $ 7,955,976  

Schedule of Accrued Professional Board and Other Fees

Accrued professional, board and other fees consist of the following:

 

    December 31,  
    2017     2016  
             
Investment banking fees   $ 860,183     $ 860,183  
Legal fees related to public offering     436,715       -  
Professional fees     684,673       142,900  
Board fees     608,945       296,845  
Other     93,041       81,471  
Total accrued professional, board and other fees   $ 2,683,557     $ 1,381,399