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OTHER PAYABLE, ACCRUED EXPENSE AND OTHER CURRENT LIABILITY

9 Months Ended

Sep. 30, 2025

Payables and Accruals [Abstract]

OTHER PAYABLE, ACCRUED EXPENSE AND OTHER CURRENT LIABILITY

NOTE 11 — OTHER PAYABLE, ACCRUED EXPENSE AND OTHER CURRENT LIABILITY

The following table shows breakdown of Company’s other payable, accrued expense and other current liabilities:

 SCHEDULE OF OTHER PAYABLE ACCRUED EXPENSE AND OTHER CURRENT LIABILITIES

		September 30, 2025				December 31, 2024
Credit card liabilities		$	-			$	13,792
Sales Tax payable			24,251				27,129
Other current liabilities			63,179				-
Payroll liabilities			1,127				139,311
Accrual on litigation (a)			6,033,961				5,988,961
Total		$	6,122,518			$	6,169,193

Note (a): Balance mainly represented $6,033,961 accrual of litigation in connection with Nebula (see Note 17).

MASSIMO GROUP AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

X

- Definition

The entire disclosure for accounts payable, accrued expenses, and other liabilities that are classified as current at the end of the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 720
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483384/720-30-45-1

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X

- References

No definition available.

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