Quarterly report pursuant to Section 13 or 15(d)

Accrued liabilities

v3.20.1
Accrued liabilities
 3 Months Ended
Mar. 31, 2020
Accrued liabilities [Abstract]  
Accrued liabilities
Note 7 – Accrued liabilities

Accrued liabilities consist of the following:

Dollars in thousands
  
March 31, 2020
    
December 31, 2019
  
Accrued professional fees
  
$
2,118
    
$
2,018
  
Accrued sales tax
    
1,056
      
1,233
  
Accrued payroll and benefits
    
686
      
671
  
Accrued trade promotions
    
166
      
357
  
Accrued dividends
    
290
      
256
  
Accrued interest
    
249
      
109
  
Other
    
5
      
77
  
Total accrued liabilities
  
$
4,570
    
$
4,721
  

Pursuant to waiver letters executed by each investor, the holders of the Company’s Series E preferred stock agreed to waive their right to the distribution of dividends until October 22, 2020.  Accrued dividends related to the Series E are $0.3 million as of March 31, 2020 and December 31, 2019, respectively, and remain unpaid.