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Accrued Expenses (Tables)
12 Months Ended
Dec. 31, 2014
Payables and Accruals [Abstract]  
Schedule of Accrued Liabilities
Accrued expenses consist of the following (all amounts in thousands):
 
 
 
2014
 
2013
 
Payroll-related (1)
 
$
834
 
$
1,145
 
Interest payable
 
 
550
 
 
301
 
Subordinated term loan exit fee
 
 
285
 
 
30
 
Professional fees
 
 
87
 
 
26
 
Franchise and sales tax payable
 
 
50
 
 
51
 
Other
 
 
884
 
 
348
 
Related party payable – Selway Capital, LLC (2)
 
 
0
 
 
158
 
 
 
$
2,690
 
$
2,059
 
 
(1)
Accrued payroll-related costs as of December 31, 2014 include approximately $141,000 of accrued severance costs. Accrued payroll-related costs as of December 31, 2013 include approximately $534,000 of accrued severance costs.
(2)
See Note 13 for a description of the agreement with Selway Capital, LLC.