ACCOUNTS PAYABLE AND ACCRUED EXPENSES

3 Months Ended

Mar. 31, 2025

NOTE 9 - ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consisted of the following as of March 31, 2025 and December 31, 2024:

	March 31,		December 31,
	2025		2024
Accounts payable	$	2,967,531	$	3,023,517
Interest payable on notes payable		1,349,859		1,328,653
Interest payable on notes payable, related parties		655,723		620,023
Deferred insurance		1,313		14,724
Accrual of interest and loss on contingency		318,000		410,823
Interest payable on EIDL loan		5,515		5,550
Line of credit		32,500		-
Accrual of interest on unpaid upfront purchase price		1,480		-
Research and development required expenditures		5,307,421		-
Accrued expenses		223,290		171,541
	$	10,862,632	$	5,574,831