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.