Quarterly report [Sections 13 or 15(d)]

Accrued Expenses and Other Current Liabilities

v3.25.2
Accrued Expenses and Other Current Liabilities
 6 Months Ended
Jun. 30, 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:  

 

    June 30,
2025		     December 31,
2024		  
Accrued payroll and other benefits   $ 3,310,950     $ 1,907,175  
D&O insurance financing payable     152,117       326,716  
Accrued professional fees     171,619       191,152  
VAT payable     75,815       385,279  
Accrued interest     629,753       1,673,627  
Accrued purchases     294,039       82,841  
Other accrued expenses and payables     187,958       152,424  
Total accrued expenses and other current liabilities   $ 4,822,251     $ 4,719,214