| Schedule of Accrued Expenses |
Accrued expenses consist of the following:
| |
|
June 30, 2018 |
|
|
December 31, 2017 |
|
| |
|
(unaudited) |
|
|
|
|
| Accrued host fees |
|
$ |
1,254,762 |
|
|
$ |
1,657,663 |
|
| Accrued professional, board and other fees |
|
|
242,686 |
|
|
|
2,683,557 |
|
| Accrued wages |
|
|
15,000 |
|
|
|
1,016,563 |
|
| Accrued commissions |
|
|
500 |
|
|
|
883,763 |
|
| Warranty payable |
|
|
143,000 |
|
|
|
171,000 |
|
| Accrued taxes payable |
|
|
589,810 |
|
|
|
551,190 |
|
| Accrued payroll taxes payable |
|
|
- |
|
|
|
632,078 |
|
| Accrued interest expense |
|
|
32,034 |
|
|
|
347,027 |
|
| Accrued lease termination costs |
|
|
- |
|
|
|
300,000 |
|
| Accrued settlement reserve costs |
|
|
100,000 |
|
|
|
12,980,588 |
|
| Dividend payable |
|
|
- |
|
|
|
1,892,800 |
|
| Other accrued expenses |
|
|
23,030 |
|
|
|
19,115 |
|
| Total accrued expenses |
|
$ |
2,400,822 |
|
|
$ |
23,135,344 |
|
|
| Schedule of Accrued Professional, Board and Other Fees |
Accrued professional, board and other
fees consist of the following:
| |
|
June 30, 2018 |
|
|
December 31, 2017 |
|
| |
|
(unaudited) |
|
|
|
|
| Investment banking fees |
|
$ |
- |
|
|
$ |
860,183 |
|
| Legal fees related to public offering |
|
|
- |
|
|
|
436,715 |
|
| Professional fees |
|
|
94,949 |
|
|
|
684,673 |
|
| Board fees |
|
|
147,737 |
|
|
|
608,945 |
|
| Other |
|
|
- |
|
|
|
93,041 |
|
| Total accrued professional, board and other fees |
|
$ |
242,686 |
|
|
$ |
2,683,557 |
|
|