As of December 31, 2014 and 2013, accrued expenses consisted of the following (in thousands):
| | | 2014 | | | 2013 | | Accrued asset purchases | | $ | 291 | | | $ | 75 | | Accrued compensation | | | 2,180 | | | | 1,964 | | Accrued royalties | | | 105 | | | | 104 | | Accrued sales and other taxes | | | 1,193 | | | | 170 | | Other accrued operating expenses (1) | | | 786 | | | | 962 | | Customer deposits and sales returns | | | 211 | | | | 243 | | Accrued travel expenses related to corporate events | | | 107 | | | | 303 | | Accrued shipping and handling costs | | | 344 | | | | 812 | | Rent expense | | | 147 | | | | 150 | | Accrued legal and accounting fees | | | 992 | | | | 1,013 | | | | | $ | 6,356 | | | $ | 5,796 | |
| | (1) | 2013 balance includes $190 for the Korea Busan Custom Office assessment, resulting from an audit covering fiscal years 2008 through 2012, which was paid in January 2014. |
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