| ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES |
NOTE 6 – ACCRUED EXPENSES AND OTHER CURRENT
LIABILITIES
Accrued expenses and
other current liabilities consist of the following:
| |
|
September 30,
2020 |
|
|
December 31,
2019 |
|
| Accrued payroll and other benefits |
|
$ |
2,030,035 |
|
|
$ |
2,094,536 |
|
| D&O insurance financing payable |
|
|
102,000 |
|
|
|
33,660 |
|
| Accrued interest |
|
|
72,844 |
|
|
|
437,569 |
|
| Accrued professional fees |
|
|
69,449 |
|
|
|
104,602 |
|
| Other accrued expenses |
|
|
64,206 |
|
|
|
67,848 |
|
| Accrued rent and facilities costs |
|
|
61,602 |
|
|
|
24,584 |
|
| Sublease deposit |
|
|
19,332 |
|
|
|
- |
|
| Total accrued expenses and other
current liabilities |
|
$ |
2,419,468 |
|
|
$ |
2,762,799 |
|
|
NOTE
6 – ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
Accrued
expenses and other current liabilities consist of the following:
| |
|
Years
Ended December 31, |
|
| |
|
2019 |
|
|
2018 |
|
| Accrued payroll and other benefits |
|
$ |
2,094,536 |
|
|
$ |
1,659,577 |
|
| Accrued interest |
|
|
437,569 |
|
|
|
138,605 |
|
| Deferred revenue |
|
|
378,850 |
|
|
|
20,631 |
|
| Accrued professional fees |
|
|
104,602 |
|
|
|
126,384 |
|
| Other accrued expenses |
|
|
67,848 |
|
|
|
- |
|
| D&O insurance financing payable |
|
|
33,660 |
|
|
|
52,530 |
|
| Accrued rent and facilities costs |
|
|
24,584 |
|
|
|
160,544 |
|
| Accrued travel and entertainment |
|
|
- |
|
|
|
30,000 |
|
| Total accrued expenses and other current liabilities |
|
$ |
3,141,649 |
|
|
$ |
2,188,271 |
|
|