ACCOUNTS PAYABLE AND ACCRUED EXPENSES

9 Months Ended

Sep. 30, 2025

NOTE 9 - ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consisted of the following as of September 30, 2025 and December 31, 2024:

	September 30, 2025		December 31, 2024
Accounts payable	$	6,725,664	$	3,023,517
Interest payable on notes payable		2,955,523		1,328,653
Interest payable on notes payable, related parties		1,379,211		620,023
Deferred insurance		32,753		14,724
Accrual of interest and loss on contingency		913,855		410,823
Interest payable on EIDL loan		12,346		5,550
Line of credit		-		-
Accrual of interest on unpaid upfront purchase price		-		-
Research and development required expenditures		-		-
Accrued expenses		381,584		171,541
	$	12,400,936	$	5,574,831