Accrued Liabilities

3 Months Ended

Mar. 31, 2023

Accrued Liabilities

Accrued Liabilities

Note 5 — Accrued Liabilities

Accrued liabilities consisted of the following:

	March 31,		December 31,
	2023		2022
Accrued compensation and benefits	$	3,312,350	$	4,128,505
Accrued litigation settlement		364,596		429,096
Accrued expenses		712,631		206,639
Accrued severance		271,495		—
Accrued interest		12,713		13,524
Total accrued liabilities	$	4,673,785	$	4,777,764

On July 10, 2019, Huddled Masses was named as a defendant in a lawsuit related to a delinquent balance to a vendor. On July 28, 2022, the Company entered into a settlement agreement with the vendor and agreed to pay a total of $515,096 with monthly installment payments over 24 months beginning September 1, 2022.