ACCRUED EXPENSES OTHER CURRENT LIABILITIES

3 Months Ended

Mar. 31, 2021

ACCRUED EXPENSES OTHER CURRENT LIABILITIES [Abstract]

ACCRUED EXPENSES OTHER CURRENT LIABILITIES

5. ACCRUED EXPENSES OTHER CURRENT LIABILITIES.

Accrued expenses at March 31, 2021 and December 31, 2020 are as follows:

(dollars in thousands)	2021		2020
Accrued expenses	$	1,192	$	1,332
Accrued compensation		550		685
Accrued interest		19		19
	$	1,761	$	2,036

The Company was able to reduce certain accrued expense and accounts payable amounts through negotiations with certain vendors to settle outstanding liabilities and reversed certain accrued expenses based on statute of limitations for collections being met. The Company recorded these amounts as gains which are included in gain on settlement of liability, net in the condensed consolidated statements of operations. During the three months ended March 31, 2021 and 2020, less than $0.1 million and zero, respectively, were recorded as a gain.