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Accrued Expenses

3 Months Ended

Mar. 31, 2025

Payables and Accruals [Abstract]

Accrued Expenses

Note 7 – Accrued Expenses

Accrued expenses consist of the following:

Schedule of Accrued Expenses 

		March 31, 2025				December 31, 2024
Accrued compensation		$	312,063			$	3,907,091
Accounts payable and accrued expenses			121,314				70,444
Accrued Expenses		$	433,377			$	3,977,535

Accrued compensation includes performance bonus accruals of approximately $309,000 and $3,907,000 as of March 31, 2025 and December 31, 2024, respectively. The significant decrease in bonus accruals reflects bonus payments made during the first quarter of 2025.

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- Definition

The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period.

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-Topic 210
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