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Accounts Payable and Accrued Expenses

3 Months Ended

Mar. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Note 4. Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses consist of the following:

Schedule of accounts payable and accrued expenses
	March 31,		December 31,
	2025		2024
Accounts payable	$	41,774,338	$	27,793,637
Accrued interest (various notes and loans payable)		1,017,670		970,551
Accrued tax penalties and interest		837,477		837,477
Accounts payable and accrued expenses	$	43,629,485	$	29,601,665

Schedule of accounts payable and accrued expenses related parties
	March 31,		December 31,
	2025		2024
Accounts payable- related parties	$	2,321,673	$	715,526
Accrued interest (notes payable)- related parties		95,055		116,458
Accounts payable and accrued expenses- related parties	$	2,416,728	$	831,984

Accrued compensation	$	1,373,536	$	1,249,099

For the three months ended March 31, 2025, our accounts payable and accrued expenses include unverified billings from a service provider in the amount of $371,075, of which the Company is in the process of reviewing and may dispute in the near future.

As of March 31, 2025 and December 31, 2024, our accounts payable are primarily made up of trade payables.

As of March 31, 2025 and December 31, 2024, trade accounts payables in the amount of $2,321,673 and $3,433,706 is with a vendor who our CEO or an executive is a beneficiary of. As of March 31, 2025 and December 31, 2024, accounts payable related to consulting services rendered of none and $252,777, are with a vendor who our CEO is a beneficiary of.

As of March 31, 2025, accrued compensation to current employees includes $185,676 in accrued vacation pay due to our Chief Executive Officer, which may be payable in cash or stock if unused, and $287,105 due to our Chief Financial Officer, which includes $114,226 in accrued sick and vacation pay is payable in cash if unused and $100,000 in accrued bonuses. Accrued compensation includes prorated year end accrued cash bonuses that are considered probable.