The ONE Group Hospitality, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Accrued Expenses

Accrued Expenses

6 Months Ended

Jun. 30, 2023

Accrued Expenses

Accrued Expenses

Note 4 – Accrued Expenses

Accrued expenses consist of the following (in thousands):


		June 30,			December 31,
		2023			2022
Payroll and related		$	3,293		$	5,249
Construction on new restaurants			3,526			1,903
VAT and sales taxes			3,457			4,118
Amounts due to landlords			2,055			2,949
Legal, professional and other services			841			626
Insurance			466			742
Income taxes and related			32			156
Interest			25			268
Other ⁽¹⁾			4,582			6,398
Total		$	18,277		$	22,409

(1)	Amount primarily relates to recurring restaurant operating expenses.