Quarterly report [Sections 13 or 15(d)]

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)

v3.25.3
ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)
9 Months Ended
Sep. 30, 2025
ACCOUNTS PAYABLE AND ACCRUED EXPENSES  
Schedule of accounts payable and accrued expenses

 

 

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