Annual report pursuant to Section 13 and 15(d)

ACCRUED LIABILITIES

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ACCRUED LIABILITIES
12 Months Ended
Dec. 31, 2017
Payables and Accruals [Abstract]  
ACCRUED LIABILITIES

NOTE 5 - ACCRUED LIABILITIES

 

Accrued liabilities were comprised of the following:

 

    December 31,  
    2017     2016  
             
Accrued compensation and related taxes   $ 608,000     $ 644,800  
Accrued interest     105,700       58,900  
Accrued settlement/litigation claims     150,000       277,500  
Warranty and defect claims     71,700       35,700  
Other     372,200       364,100  
Total Accrued Liabilities   $ 1,307,600     $ 1,381,000