Other Liabilities

3 Months Ended

Mar. 31, 2022

Other Liabilities Disclosure [Abstract]

Other Liabilities

Other Liabilities

The following table summarizes the components of current and non-current portions of Other liabilities (dollars in thousands):

	March 31, 2022		December 31, 2021
Other liabilities, current
Accrued compensation	$	3,121	$	2,641
Salary continuation payments	617		935
Restricted stock units	687		714
Deferred payroll tax liability	471		471
Excise tax liability	681		268
Accrued directors' fees	15		15
Total	$	5,592	$	5,044
Other liabilities, non-current
Finance lease liability	$	260	$	286
Operating lease liability	41		53
Total	$	301	$	339

Excise tax liability

A new mining excise tax applied to gross proceeds became effective on July 1, 2021, following the passing of Assembly Bill 495 at the Nevada Legislative Session ended on May 31, 2021. The new excise tax is a tiered tax, with a highest rate of 1.1% and the first payment is due in April 2022.

The bill does not take into consideration expenses or costs incurred to generate gross proceeds. Therefore, this tax will be treated as a gross receipts tax and not as a tax based on income. As a result, this new tax will be reported as a component of Cost of sales and not as income tax expense. As of March 31, 2022, the Company has accrued $0.7 million related to the annual excise tax, included in Other liabilities, current.