Annual report pursuant to Section 13 and 15(d)

Accrued Expenses and Other Current Liabilities (Tables)

v3.21.1
Accrued Expenses and Other Current Liabilities (Tables)
12 Months Ended
Dec. 31, 2020
Accrued Expenses and Other Current Liabilities [Abstract]  
Schedule of accrued expenses and other current liabilities
    December 31,  
    2020     2019  
Compensation expense   $ 1,010,734 (1)   $ 459,420  
Rent     148,919       68,182  
Event costs     26,926       112,963  
Legal and professional fees     307,135       154,474  
Unclaimed player prizes     45,171       4,599  
Other accrued expenses     268,751       170,135  
Other current liabilities     179,381       262,168  
    $ 1,987,017     $ 1,231,941  

 

  (1) Accrued compensation expense includes approximately $571,000 which is payable to the employees of the Company’s continuing operations for their 2020 services, contingent upon the closing of the sale of WPT. See Note 14 – Commitments and Contingencies, 2020 Cash Bonus Payments.