ACCRUED EXPENSES

6 Months Ended

Jun. 30, 2022

Payables and Accruals [Abstract]

ACCRUED EXPENSES

8. ACCRUED EXPENSES

Accrued expenses are comprised of the following:

	June 30,		December 31,
	2022		2021
Accrued compensation and payroll taxes	$	278,903	$	216,916
Accrued taxes payable - Argentina		338,293		228,338
Accrued interest		185,901		76,852
Accrued placement agent commissions		-		66,889
Other accrued expenses		213,202		376,416
Accrued expenses, current		1,016,299		965,411
Accrued payroll tax obligations, non-current		102,679		115,346
Total accrued expenses	$	1,118,978	$	1,080,757

On November 27, 2020, the Company entered into various payment plans, pursuant to which it agreed to pay its Argentine payroll tax obligations over a period of 60 to 120 months. The current portion of payments due under the plan is $297,585 and $157,532 as of June 30, 2022 and December 31, 2021, respectively, which is included in accrued taxes payable – Argentina, above. The non-current portion of accrued expenses represents payments under the plan that are scheduled to be paid after twelve months. The Company incurred interest expense of $28,690 and $33,177 during the three and six months ended June 30, 2022, respectively, and incurred interest expense of $22,764 and $25,492 during the three and six months ended June 30, 2021, respectively, related to these payment plans.