|3 Months Ended|
Mar. 31, 2022
|Payables and Accruals [Abstract]|
Note 5 – Accrued Expenses
Accrued expenses at March 31, 2022 (unaudited) and December 31, 2021 consisted of the following:
Schedule of Accrued Expenses
Payroll and related liabilities at March 31, 2022 and December 31, 2021 included approximately $2.4 million and $2.3 million, respectively, for penalties associated with approximately $3.9 million and $3.9 million of accrued past due payroll taxes as of March 31, 2022 and December 31, 2021, respectively. This liability account at March 31, 2022 and December 31, 2021 is net of employee retention credits totaling $1.5 million and $1.5 million, respectively. Employee retention credits are also discussed in Note 2.
As of March 31, 2022, the Company has accrued $0.9 million of HHS Provider Relief Funds, which are more fully discussed in Note 2. On April 13, 2022, the Company received an additional $0.3 million of HHS Provider Relief Funds as more fully discussed in Note 15.
Accrued interest at March 31, 2022 and December 31, 2021 included accrued interest of $0.4 million and $0.3 million, respectively, on loans made to the Company by Christopher Diamantis, a former member of the Company’s Board of Directors. The loans from Mr. Diamantis are more fully discussed in Note 6.
The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef