Quarterly report pursuant to Section 13 or 15(d)

Accrued Liabilities

v3.20.2
Accrued Liabilities
9 Months Ended
Sep. 30, 2020
Payables and Accruals [Abstract]  
Accrued Liabilities

NOTE 7 – ACCRUED LIABILITIES

 

Accrued liabilities were comprised of the following:

 

    September 30,     December 31,  
    2020     2019  
             
Accrued compensation and related taxes   $ 494,300     $ 498,000  
Accrued interest     1,029,000       648,600  
Accrued settlement/litigation claims     150,000       150,000  
Warranty and defect claims     61,700       48,200  
Other     106,000       162,000  
Total Accrued Liabilities   $ 1,841,000     $ 1,506,800