Annual report pursuant to Section 13 and 15(d)

Other Long Term Liabilities

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Other Long Term Liabilities
12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Other Long Term Liabilities

6. Other long-term liabilities

 

Other long-term liabilities represent the Italian "Trattamento di Fine Rapporto" which is a severance amount set up by Italian companies to be paid to employees on termination or retirement as well as shop deposits that are held by Ulisse.

 

Balances of other long-term liabilities were as follows:

 

   

December 31,

2018

 

December 31,

2017

Severance liability   $ 168,706     $ 131,904  
Customer deposit balance     440,021       400,775  
Total other long term liabilities   $ 608,727     $ 532,680