Quarterly report [Sections 13 or 15(d)]

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)

v3.26.1
ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)
3 Months Ended
Mar. 31, 2026
ACCOUNTS PAYABLE AND ACCRUED EXPENSES  
Schedule of accounts payable and accrued expenses

 

 

March 31,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Accounts payable

 

$ 4,355,149

 

 

$ 4,028,744

 

Interest payable on notes payable

 

 

1,437,917

 

 

 

1,442,413

 

Interest payable on notes payable, related parties

 

 

230,301

 

 

 

225,423

 

Deferred insurance

 

 

1,952

 

 

 

11,970

 

Accrual of interest and loss on contingency

 

 

76,500

 

 

 

138,000

 

Interest payable on EIDL loan

 

 

5,451

 

 

 

5,471

 

Line of credit

 

 

40,861

 

 

 

11,964

 

Accrual of interest on unpaid upfront purchase price

 

 

3,568

 

 

 

3,213

 

Accrued expenses

 

 

433,315

 

 

 

495,530

 

 

 

$ 6,585,014

 

 

$ 6,362,728