Quarterly report pursuant to Section 13 or 15(d)

Accrued Expenses

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Accrued Expenses
 6 Months Ended
Jun. 30, 2021
Payables and Accruals [Abstract]  
Accrued Expenses

Note 5 – Accrued Expenses

 

Accrued expenses at June 30, 2021 (unaudited) and December 31, 2020 consisted of the following:

 

    June 30,     December 31,  
  2021     2020  
Accrued payroll and related liabilities   $ 9,133,513     $ 8,263,940  
HHS Provider Relief Funds (See Note 2)     -       4,400,000  
Accrued interest     6,357,858       4,728,942  
Accrued legal     1,047,318       1,097,318  
Amounts owed under accounts receivable sales  agreements in excess of accounts receivable (See Note 4)     173,137       -  
Other accrued expenses     1,264,073       645,369  
Accrued expenses   $ 17,975,899     $ 19,135,569  

 

Accrued payroll and related liabilities at June 30, 2021 and December 31, 2020 included approximately $2.7 million and $2.5 million, respectively, for penalties associated with approximately $5.0 million and $4.4 million of accrued past due payroll taxes as of June 30, 2021 and December 31, 2020, respectively.