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Accrued Expenses and Other Current Liabilities

12 Months Ended

Dec. 31, 2021

Note 12 — Accrued Expenses and Other Current Liabilities

Accrued expenses consisted of the following as of December 31, 2021 and December 31, 2020:

(Dollar Amounts in Thousands)	December 31, 2021		December 31, 2020
Accrued acquisition liability (1)	$	9,198	$	—
Sales tax payable (2)		5,290		—
Accrued construction costs		8,803		4,468
Compensation related fees		3,491		225
Accrued professional fees		1,104		1,135
Accrued warranty expenses		398		—
Accrued consulting fees		75		97
Accrued inventory purchases		201		164
Financing lease liabilities		156		148
Accrued non-income taxes		48		—
Other current liabilities		—		313
Total accrued expenses and other current liabilities	$	28,764	$	6,550

(1)	Accrued acquisition liabilities includes both the contingent consideration and the value of held back stock associated with the 2021 acquisitions of Precision and Cascade and PurePressure.
(2)	Sales tax payable primarily represents identified sales and use tax liabilities arising from our acquisition of Precision and Cascade. These amounts are included as part of our initial purchase price allocations and are the subject matter of an indemnification claim under the Precision and Cascade acquisition agreement.