WaveDancer, Inc. Annual report pursuant to Section 13 and 15(d)

Note 13 - Financial Statement Captions

12 Months Ended

Dec. 31, 2020

13.

Financial Statement Captions

The following table summarizes the Company's prepaid expenses and other current assets as of

December 31, 2020

and

2019:

	2020		2019
Deferred costs of software sales	$	47,907	$	453,607
Deferred direct cost of pending deliverables		41,161		-
Licenses and subscriptions		22,840		22,645
Prepaid insurance		26,072		20,791
Other		4,790		3,120
Total	$	142,770	$	500,163

The following table summarizes the Company's other current liabilities as of

December 31, 2020

and

2019:

	2020		2019
Accrued costs of software sales	$	46,078	$	-
Accrued accounting and auditing expense		-		47,000
Other		8,196		7,257
Interest payable		3,125		-
Total	$	57,399	$	54,257