Accrued
expenses and other current liabilities consisted of the following:
SCHEDULE OF ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
|
|
August 31, 2021 |
|
|
May 31, 2021 |
|
|
|
|
|
|
|
|
Accrued salaries and related expenses |
|
$ |
309,267 |
|
|
$ |
672,455 |
|
Accrued sales and marketing expense |
|
|
863,310 |
|
|
|
539,810 |
|
Accrued professional fees |
|
|
75,000 |
|
|
|
75,000 |
|
Accrued income tax |
|
|
815,286 |
|
|
|
256,286 |
|
Accrued overdraft liabilities |
|
|
870,163 |
|
|
|
790,364 |
|
Accrued interest expense |
|
|
303,111 |
|
|
|
- |
|
Other accrued expenses and current liabilities |
|
|
3,502,800 |
|
|
|
50,000 |
|
Accrued expenses and other current liabilities |
|
$ |
6,738,937 |
|
|
$ |
2,383,915 |
|
|