Quarterly report pursuant to Section 13 or 15(d)

Accrued Expenses

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Accrued Expenses
 9 Months Ended
Sep. 30, 2021
Payables and Accruals [Abstract]  
Accrued Expenses

Note 5 – Accrued Expenses

 

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

    September 30,     December 31,  
    2021     2020  
Accrued payroll and related liabilities   $ 9,152,027     $ 8,263,940  
HHS Provider Relief Funds (See Note 2)     -       4,400,000  
Accrued interest     5,989,653       4,728,942  
Accrued legal     1,097,318       1,097,318  
Other accrued expenses     1,203,166       645,369  
Accrued expenses   $ 17,442,164     $ 19,135,569  

 

Accrued payroll and related liabilities at September 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 September 30, 2021 and December 31, 2020, respectively.