|
Note 4 – Accrued Expenses and Other Current Liabilities
Accrued expenses and other
current liabilities consist of the following:
| |
|
September 30, |
|
|
December 31, |
|
| |
|
2021 |
|
|
2020 |
|
| Compensation expense |
|
$ |
1,608,732 |
|
|
$ |
1,010,734 |
(1) |
| Current portion of deferred rent |
|
|
190,719 |
|
|
|
148,919 |
|
| Event costs |
|
|
1,668 |
|
|
|
26,926 |
|
| Legal and professional fees |
|
|
701,546 |
|
|
|
307,135 |
|
| Warrant liabilities |
|
|
4,100 |
|
|
|
3,000 |
|
| Unclaimed player prizes |
|
|
12,272 |
|
|
|
45,171 |
|
| Other accrued expenses |
|
|
288,341 |
|
|
|
445,132 |
|
| Other current liabilities |
|
|
12,727 |
|
|
|
- |
|
| |
|
$ |
2,820,105 |
|
|
$ |
1,987,017 |
|
| (1) |
Accrued compensation expense as of December 31, 2020 includes approximately $571,000
payable to the employees of the Company’s continuing operations for their 2020 services. The Company paid such compensation from
the proceeds of the Sale Transaction. |
|