Accrued Liabilities and Acquisition Payable

6 Months Ended

Dec. 31, 2022

Accrued Liabilities and Acquisition Payable

Accrued Liabilities and Acquisition Payable

Note 8. Accrued Liabilities and Acquisition Payable

Accrued liabilities consist of the following:

	December 31, 2022		June 30, 2022
Accrued expenses for loyalty program	$	8,618	$	6,418
Accrued interest		209,698		147,887
Accrued vendor liabilities		438,291		29,960
Accrued expenses on credit cards		585,285		108,735
Accrued sales tax		35,056		108,425
Derivative liability		-		81,909
Accrued expenses from sale of manufacturing operations		1,786,655		-
Other accrued liabilities		834,715		471,993
	$	3,898,318	$	955,327

Acquisition Payable consist of the following:

	December 31, 2022		June 30, 2022
Payments related to the acquisition of E-core	$	2,966,196	$	-
Payments related to the acquisition of LuckyTail		1,012,327		-
	$	3,978,523	$	-

These payables are amounts estimated by management that are due to the sellers of and acquisition and include the original purchase price installment payments not represented with a debt, equity or other instrument, estimates of excess or deficiencies in working capital and estimates of future earnout payments.