Quarterly report pursuant to Section 13 or 15(d)

Accrued liabilities

v3.20.2
Accrued liabilities
 6 Months Ended
Jun. 30, 2020
Accrued liabilities [Abstract]  
Accrued liabilities
Note 7 – Accrued liabilities
 
Accrued liabilities consist of the following:
 
Dollars in thousands
 		 
June 30,2020
     December 31, 2019
Accrued professional fees
  
$
2,039
    
$
1,695
  
Accrued sales tax
    
1,028
      
1,233
  
Accrued payroll and benefits
    
916
      
994
  
Accrued trade promotions
    
186
      
357
  
Accrued dividends
    
324
      
256
  
Accrued interest
    
228
      
109
  
Other
    
10
      
77
  
Total accrued liabilities
  
$
4,731
    
$
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 June 30, 2020 and December 31, 2019, respectively, and remain unpaid.