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Accrued Expenses
 9 Months Ended
Sep. 30, 2025
Payables and Accruals [Abstract]  
Accrued Expenses

Note 9 – Accrued Expenses

 

Accrued expenses consist of the following:

   

   September 30, 2025   December 31, 2024 
Accrued compensation  $1,051,624   $3,907,091 
Accrued interest   681,173    - 
Accounts payable and accrued expenses   

86,835

    70,444 
Total accrued expenses  $

1,819,632

   $3,977,535 

 

Accrued compensation includes performance bonus accruals of approximately $1,050,000 and $3,907,000 as of September 30, 2025 and December 31, 2024, respectively. The significant decrease in bonus accruals reflects bonus payments made during the first quarter of 2025.