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Accrued Liabilities
9 Months Ended
Sep. 30, 2014
Accrued Liabilities [Abstract]  
Accrued Liabilities

7. Accrued Liabilities

Accrued liabilities consist of the following:

 

 

 

 

 

 

September 30,

 

December 31,

 

2014

 

2013

 

 

 

 

Accrued salaries, bonus, and benefits

$     2,776,557

 

$    3,565,385

Accrued rent

1,470,126 

 

1,499,942 

Accrued licenses and maintenance fees

752,623 

 

302,384 

Accrued interest

494,880 

 

498,058 

Accrued warranties

379,794 

 

501,212 

Accrued taxes

352,106 

 

360,475 

Other

300,524 

 

351,925 

Total accrued liabilities

$     6,526,610

 

$    7,079,381

 

Our primary company facilities are located in St. Louis, Missouri where we currently lease approximately 52,000 square feet of office and 12,000 square feet of demonstration and assembly space. In the third quarter of 2013, the Company modified the existing lease agreement to terminate approximately 13,000 square feet of unimproved space. The costs associated with the termination were $515,138 and were accrued as a rent liability as of September 30, 2013. As of September 30, 2014, the remaining accrued costs associated with the termination were $429,123.