Accrued Expenses

12 Months Ended

Dec. 31, 2020

Payables and Accruals [Abstract]

Accrued Expenses

Accrued expenses consist of the following:

	December 31		December 31,
	2020		2019
DGSE
Accrued Interest	$	10,057	$	7,374
Professional fees		-		125,200
Board member fees		7,500		7,500
Insurance		-		30,508
Payroll		155,635		157,148
Property tax		26,435		-
Sales tax		180,609		115,451
Other administrative expenses		13,525		-
State income tax		-		33,907
Subtotal		393,761		477,088
ECHG
Accrued Interest		17,086		16,724
Professional fees		-		77,900
Payroll		119,327		79,342
Property tax		20,500		-
Sales tax		-		7,852
Credit card		-		22,279
Other accrued expenses		10,574		-
State income tax		-		27,963
Material & shipping costs (COGS)		-		207,361
Subtotal		167,487		439,421
Envela
Accrued Interest		7,884		-
Payroll		10,745		-
Professional fees (1)		142,635		-
Other administrative expenses		8,433		-
State income tax (1)		113,379		-
Subtotal		283,076		-
	$	844,324	$	916,509

(1) State income tax and professional fee accruals have been recorded at the segment level in prior periods. Proceeding forward, we will allocate those expenses at the segment level but accrue the consolidated balances at the corporate level.