Quarterly report pursuant to Section 13 or 15(d)

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)

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ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)
3 Months Ended
Mar. 31, 2024
ACCOUNTS PAYABLE AND ACCRUED EXPENSES  
Schedule of accounts payable and accrued expenses

 

 

March 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Accounts payable

 

$ 2,773,188

 

 

$ 2,473,457

 

Interest payable on notes payable

 

 

1,293,974

 

 

 

1,268,264

 

Interest payable on notes payable, related parties

 

 

518,008

 

 

 

478,920

 

Deferred insurance

 

 

1,313

 

 

 

-

 

Accrual of loss on contingency

 

 

332,503

 

 

 

322,000

 

Interest payable on EIDL loan

 

 

5,635

 

 

 

5,675

 

Accrued stock-based compensation

 

 

-

 

 

 

43,321

 

Accrued expenses

 

 

52,154

 

 

 

57,542

 

 

 

$ 4,976,775

 

 

$ 4,649,179