Quarterly report pursuant to Section 13 or 15(d)

Accounts Payable and Accrued Liabilities

v3.20.2
Accounts Payable and Accrued Liabilities
6 Months Ended
Jun. 30, 2020
Accounts Payable and Accrued Liabilities  
Accounts Payable and Accrued Liabilities

Note 5.   Accounts Payable and Accrued Liabilities

Accounts payable and accrued liabilities consisted of the following at the dates indicated:

 

 

 

 

 

 

 

 

 

    

June 30, 2020

    

December 31, 2019

 

 

(Unaudited)

 

 

 

Accounts payable

 

$

1,802,129

 

$

922,373

Deferred annual fee

 

 

958,700

 

 

463,667

Accrued commissions

 

 

370,405

 

 

261,161

Accrued compensation

 

 

363,690

 

 

196,948

Accrued professional fees

 

 

356,139

 

 

601,797

Accrued legal fees

 

 

173,542

 

 

71,724

Other accrued liabilities

 

 

142,888

 

 

72,836

Credit card liability

 

 

141,065

 

 

70,431

Insurance premium liabilities

 

 

36,269

 

 

139,891

Accrued bonuses

 

 

2,100

 

 

5,400

Total accounts payable and accrued liabilities

 

$

4,346,927

 

$

2,806,228