Quarterly report pursuant to Section 13 or 15(d)

Accrued Expenses

Accrued Expenses

3 Months Ended

Mar. 31, 2019

Note 6 – Accrued Expenses

Accrued expenses at March 31, 2019 (unaudited) and December 31, 2018 consisted of the following:

	March 31, 2019		December 31, 2018
Commissions payable	$	19,113	$	19,113
Sales tax payable		8,016		8,016
Accrued payroll and related liabilities		5,213,999		3,400,052
Accrued property tax		1,734		47,396
Accrued interest		5,686,593		5,464,837
Other accrued expenses		1,664,459		1,771,867
Accrued expenses	$	12,593,914	$	10,711,281

Accrued expenses at March 31, 2019 and December 31, 2018 include $4.9 million of interest due under the terms of a settlement agreement for a prepaid forward purchase contract related to an accounts receivable financing as more fully discussed in Note 7 and $0.4 million of accrued interest due to Mr. Diamantis.