ACCOUNTS PAYABLE AND ACCRUED EXPENSES

12 Months Ended

Dec. 31, 2024

NOTE 8 – ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consisted of the following as of December 31, 2024 and 2023:

	2024		2023
Accounts payable	$	3,023,517	$	2,473,457
Interest payable on notes payable		1,328,653		1,268,264
Interest payable on notes payable, related parties		620,023		478,920
Deferred insurance		14,724		-
Accrual of interest and loss on contingency		410,823		322,000
Interest payable on EIDL loan		5,550		5,675
Accrued stock-based compensation		-		43,321
Accrued expenses		171,541		57,542
	$	5,574,831	$	4,649,179