Annual report [Section 13 and 15(d), not S-K Item 405]

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)

v3.26.1
ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)
12 Months Ended
Dec. 31, 2025
ACCOUNTS PAYABLE AND ACCRUED EXPENSES  
Schedule of accounts payable and accrued expenses

 

 

2025

 

 

2024

 

Accounts payable

 

$ 4,028,744

 

 

$ 3,023,517

 

Interest payable on notes payable

 

 

1,442,413

 

 

 

1,328,653

 

Interest payable on notes payable, related parties

 

 

225,423

 

 

 

620,023

 

Deferred insurance

 

 

11,970

 

 

 

14,724

 

Accrual of interest and loss on contingency

 

 

138,000

 

 

 

410,823

 

Interest payable on EIDL loan

 

 

5,471

 

 

 

5,550

 

Line of credit

 

 

11,964

 

 

 

-

 

Accrual of interest on unpaid upfront purchase price

 

 

3,213

 

 

 

-

 

Accrued expenses

 

 

495,530

 

 

 

171,541

 

 

 

$ 6,362,728

 

 

$ 5,574,831