9. Accounts Payable and Accrued Liabilities

12 Months Ended

Dec. 31, 2017

Payables and Accruals [Abstract]

Accounts Payable and Accrued Liabilities

Trade payables are recognized initially at the transaction price and subsequently measured at the undiscounted amount of cash or other consideration expected to be paid. Accrued expenses are recognized based on expected amount required to settle the obligation or liability.

The following table sets forth the components of the Company’s accrued liabilities at December 31, 2017 and December 31, 2016.

	December 31, 2017		December 31, 2016
Earnout consideration payable in connection with Netspective acquisition		362,500		–
Executive and employee compensation		838,689		815,480
Interest on convertible debentures and promissory notes		356,599		126,882
Other accrued expenses and liabilities		34,938		207,310
Total accrued liabilities	$	1,592,726	$	1,149,672

Accrued expenses for both include approximately $138,000 for an estimated compromise settlement relating to tax deductions against supplier invoices in the Philippines at TDA. The Company in accordance with ASC 740-10 has determined that the recording of this amount is required because it is more likely than not that the tax will be assessed.