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ACCOUNTS PAYABLE AND ACCRUED EXPENSES
 12 Months Ended
Dec. 31, 2019
Accounts Payable and Accrued Expenses [Abstract]  
Accounts Payable and Accrued Expenses

NOTE 10 – ACCOUNTS PAYABLE AND ACCRUED EXPENSES

In June 2019, the Company completed the sale of MSLO.  As a result, accounts payable and accrued expenses decreased by $11.9 million which was recorded within current liabilities from discontinued operations as of December 31, 2018. 

Accounts payable and accrued expenses from continuing operations consist of the following:

 

 

 

 

 

 

 

 

 

December 31, 

 

    

2019

    

2018

 

 

(in thousands)

Accounts payable

 

$

2,942

 

$

2,775

Accrued expenses

 

 

  

 

 

  

Interest

 

 

1,025

 

 

2,401

Compensation

 

 

2,395

 

 

2,741

Marketing and commissions

 

 

1,402

 

 

920

Professional services fees

 

 

2,181

 

 

112

Interest rate swap liability - current

 

 

3,124

 

 

528

Licensee settlement payable - current

 

 

940

 

 

1,883

Other accrued expenses

 

 

1,712

 

 

240

Total accounts payable and accrued expenses

 

$

15,721

 

$

11,600