Accrued liabilities |
As of March 31, 2014 and December 31, 2013,
the Company has the following accrued liabilities:
|
|
3/31/2014 |
|
|
12/31/2013 |
|
Accrued Salaries and Wages |
|
|
|
|
|
|
|
|
Accrued Salaries and Wages |
|
$ |
72,815 |
|
|
$ |
59,958 |
|
|
|
|
|
|
|
|
|
|
Disputed Trade Payables |
|
|
|
|
|
|
|
|
Disputed Trade Payables (a) |
|
|
925,000 |
|
|
|
925,000 |
|
|
|
|
|
|
|
|
|
|
Services Advance |
|
|
|
|
|
|
|
|
Services Advance (b) |
|
|
750,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued Expenses |
|
|
|
|
|
|
|
|
Allowance for Sales Returns |
|
|
43,000 |
|
|
|
43,000 |
|
Distribution Arrangements Payable |
|
|
17,674 |
|
|
|
13,905 |
|
Deferred Revenue |
|
|
67,435 |
|
|
|
|
|
Royalties Payable |
|
|
4,953 |
|
|
|
9,638 |
|
Music Advances (c) |
|
|
450,000 |
|
|
|
450,000 |
|
Other Accrued Expenses |
|
|
157,930 |
|
|
|
187,996 |
|
Total Accrued Expenses |
|
|
740,992 |
|
|
|
704,539 |
|
|
|
|
|
|
|
|
|
|
Total Accrued Liabilities |
|
$ |
2,488,807 |
|
|
$ |
1,689,497 |
|
|
|
|
12/31/2013 |
|
|
12/31/2012 |
|
Accrued
Salaries and Wages |
|
|
|
|
|
|
|
|
Accrued Salaries
and Wages (a) |
|
$ |
59,958 |
|
|
$ |
516,083 |
|
|
|
|
|
|
|
|
|
|
Disputed
Trade Payables |
|
|
|
|
|
|
|
|
Disputed Trade Payables
(b) |
|
|
925,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accrued
Expenses |
|
|
|
|
|
|
|
|
Allowance for Sales Returns |
|
|
43,000 |
|
|
|
53,000 |
|
Distribution Arrangements
Payable |
|
|
13,905 |
|
|
|
217,858 |
|
Deferred Revenue |
|
|
|
|
|
|
110,177 |
|
Royalties Payable |
|
|
9,638 |
|
|
|
59,033 |
|
Music Advances (c) |
|
|
450,000 |
|
|
|
|
|
Other
Accrued Expenses |
|
|
187,996 |
|
|
|
56,594 |
|
Total Accrued Expenses |
|
|
704,539 |
|
|
|
496,662 |
|
|
|
|
|
|
|
|
|
|
Total
Accrued Liabilities |
|
$ |
1,689,497 |
|
|
$ |
1,012,745 |
|
|