ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES.

3 Months Ended

Mar. 31, 2024

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES. [Abstract]

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES.

4. ACCRUED EXPENSES OTHER CURRENT LIABILITIES.

Accrued expenses at March 31, 2024 and December 31, 2023 are as follows:

(dollars in thousands)	March 31, 2024		December 31, 2023
Accrued expenses	$	849	$	764
Accrued compensation		755		754
Accrued franchise, property and sales and use taxes		196		287
Accrued interest		19		19
	$	1,819	$	1,824

The Company uses Change Healthcare, a healthcare technology company owned by UnitedHealth Group, to process some of its patient claims billings. In February 2024, Change Healthcare announced that it had experienced a cyberattack and as a result had to temporarily shut down some of its information technology systems. This system shut down caused delays in billing and reimbursement processes to Change Healthcare’s customers and, as a result, Change Healthcare established a Temporary Funding Assistance Program to help bridge the gap in short-term cash flow needs for customers affected by the disruption of its services due to the cyberattack. Funding distributed through this program is interest free and has no other fees or costs associated with it. Additionally, any funds provided through the program would have to be repaid to Change Healthcare approximately 45 days after Change Healthcare’s systems resume standard operations.  

During the three months ended March 31, 2024, the Company received less than $0.1 million through Change Healthcare’s Temporary Assistance Program. As of March 31, 2024 and December 31, 2023 the Temporary Funding Assistance Program’s outstanding balance of less than $0.1 million and zero, respectively, was included in accrued expenses in the Company’s condensed consolidated balance sheets.