Quarterly report [Sections 13 or 15(d)]

Accrued Expenses and Other Current Liabilities

v3.25.1
Accrued Expenses and Other Current Liabilities
 3 Months Ended
Mar. 31, 2025
Accrued Expenses and Other Current Liabilities [Abstract]  
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

NOTE 6 – ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

 

Accrued expenses and other current liabilities consist of the following:

 

    March 31,
2025		     December 31,
2024		  
Accrued payroll and other benefits   $ 2,814,622     $ 1,907,175  
D&O insurance financing payable     240,476       326,716  
Accrued professional fees     88,807       191,152  
VAT payable    
-
       385,279  
Accrued interest     2,178,354       1,673,627  
Other accrued expenses and payables     161,668       235,265  
Total accrued expenses and other current liabilities   $ 5,483,927     $ 4,719,214