Quarterly report pursuant to Section 13 or 15(d)

5. Accounts Payable and Accrued Expenses (Tables)

v2.4.0.8
5. Accounts Payable and Accrued Expenses (Tables)
6 Months Ended
Jun. 30, 2014
Notes to Financial Statements  
Accounts payable and accrued expenses

Accounts payable and accrued expenses conist of the following at June 30, 2014 and December 31, 2013:

 

   

June 30,

2014

   

December 31,

2013

 
    (unaudited)        
Trade accounts payable   $ 4,621,081     $ 5,933,736  
Accrued expenses     1,452,369       3,101,103  
Accrued payroll and vacation     259,623       102,898  
Interest payable     84,492       421,632  
Sales and communications taxes payable     1,762,549       691,350  
Deferred revenue     805,377       407,426  
Other     1,510,831       503,405  
Total accounts payable and accrued expenses   $ 10,496,322     $ 11,161,550