Quarterly report pursuant to Section 13 or 15(d)

Accrued Expenses

Accrued Expenses

6 Months Ended

Jun. 30, 2019

Note 6 – Accrued Expenses

Accrued expenses at June 30, 2019 (unaudited) and December 31, 2018 consisted of the following:

	June 30, 2019		December 31, 2018
Commissions payable	$	19,113	$	19,113
Sales tax payable		8,009		8,016
Accrued payroll and related liabilities		6,062,217		3,400,052
Accrued property tax		24,849		47,396
Accrued interest		6,346,161		5,464,837
Other accrued expenses		1,699,950		1,771,867
Accrued expenses	$	14,160,299	$	10,711,281

Accrued expenses at June 30, 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 $1.0 million and $0.4 million, respectively, of accrued interest due to Mr. Diamantis related to loans made by Mr. Diamantis to the Company as more fully discussed in Note 7.