Quarterly report pursuant to Section 13 or 15(d)

Accounts Payable and Accrued Expenses (Tables)

v3.20.2
Accounts Payable and Accrued Expenses (Tables)
6 Months Ended
Jun. 30, 2020
Payables and Accruals [Abstract]  
Schedule of Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses are summarized as follows:

 

    (Unaudited)        
    June 30, 2020     December 31, 2019  
Accounts payable and accrued expenses   $ 4,937,393     $ 4,230,640  
Accrued taxes (VAT, Sales, Payroll, etc.)     3,000,229       3,319,928  
Accrued income taxes     5,948       (1,906 )
Accrued interest     360,223       616,533  
    $ 8,303,793     $ 8,165,195