| Schedule of Accrued Expenses |
Accrued expenses consist of the following:
| |
|
June 30, 2016 |
|
|
December 31, 2015 |
|
| |
|
(unaudited) |
|
|
|
|
| Registration rights penalty |
|
$ |
866,250 |
|
|
$ |
728,750 |
|
| Accrued consulting fees |
|
|
975,425 |
|
|
|
916,925 |
|
| Accrued host fees |
|
|
1,117,208 |
|
|
|
873,544 |
|
| Accrued professional, board and other fees |
|
|
1,265,881 |
|
|
|
1,069,341 |
|
| Accrued wages |
|
|
194,369 |
|
|
|
187,779 |
|
| Warranty payable |
|
|
290,131 |
|
|
|
223,988 |
|
| Accrued taxes payable |
|
|
413,722 |
|
|
|
355,950 |
|
| Warrants payable |
|
|
295,106 |
|
|
|
77,761 |
|
| Accrued issuable equity |
|
|
737,895 |
|
|
|
324,894 |
|
| Accrued interest expense |
|
|
154,092 |
|
|
|
83,842 |
|
| Dividend payable |
|
|
365,300 |
|
|
|
293,200 |
|
| Other accrued expenses |
|
|
70,264 |
|
|
|
10,750 |
|
| |
|
$ |
6,745,643 |
|
|
$ |
5,146,724 |
|
|