ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES.

12 Months Ended

Dec. 31, 2023

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES. [Abstract]

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES.

6. ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES.

Accrued expenses at December 31, 2023 and 2022 are as follows:

(dollars in thousands)	December 31, 2023		December 31, 2022
Accrued expenses	$	764	$	983
Accrued compensation		754		491
Accrued franchise, property and sales and use taxes		287		91
Accrued interest		19		19
	$	1,824	$	1,584

During the year ended December 31, 2023, the Company wrote-off $1.3 million of accounts payable and $0.4 million of accrued expenses resulting in a gain of $1.7 million which is recorded as a gain on write-off of liability in the consolidated statements of operations.

The Company recorded certain settlement reductions in accrued expenses and accounts payable as gains which are included in gain on settlement of liability, net in the consolidated statements of operations. During the years ended December 31, 2023 and 2022, zero and approximately $0.1 million, respectively, was recorded as a gain.