Annual report pursuant to Section 13 and 15(d)

Accrued Liabilities

v3.21.1
Accrued Liabilities
12 Months Ended
Dec. 31, 2020
Payables and Accruals [Abstract]  
Accrued Liabilities

NOTE 7 - ACCRUED LIABILITIES

 

Accrued liabilities were comprised of the following:

 

    December 31,     December 31,  
    2020     2019  
             
Accrued compensation and related taxes   $ 486,400     $ 498,000  
Accrued interest     1,170,500       648,600  
Accrued settlement/litigation claims     150,000       150,000  
Warranty and defect claims     34,000       48,200  
Other     136,300       162,000  
Total Accrued Liabilities   $ 1,977,200     $ 1,506,800