Note 6 - Accrued Expenses

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]

Note

6.

Accrued Expenses

Accrued expenses consisted of the following balances at

December

31:

	2016		2015
Indemnification liability	$	-	$	450,000
Accrued commissions		221,837		440,232
Reserve for merchant losses		172,832		248,868
Other accrued expenses		192,769		112,414
Accrued taxes		38,469		54,077
Accrued salaries		77,415		23,147
Total accrued expenses	$	703,322	$	1,328,738