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Accounts Payable and Accrued Expenses

9 Months Ended

Sep. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Note 5. Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses consist of the following:

Schedule of accounts payable and accrued expenses
	September 30,		December 31,
	2025		2024
Accounts payable	$	20,456,497	$	27,793,637
Accrued interest (various notes and loans payable)		986,233		970,551
Accrued tax penalties and interest		5,837,477		837,477
Accounts payable and accrued expenses	$	27,280,207	$	29,601,665

Schedule of accounts payable and accrued expenses related parties
	September 30,		December 31,
	2025		2024
Accounts payable - related parties	$	1,593,993	$	715,526
Accrued interest (notes payable) - related parties		73,009		116,458
Accounts payable and accrued expenses - related parties	$	1,667,002	$	831,984

Accrued compensation	$	1,499,285	$	1,249,099

As of September 30, 2025 and December 31, 2024, our accounts payable are primarily made up of trade payables.

At September 30, 2025, the Company recorded a legal reserve of $5.0 million within accounts payable and accrued expenses for a loss contingency that management determined to be probable and reasonably estimable. No legal reserve was recorded as of December 31, 2024.

Additionally, as of September 30, 2025, and December 31, 2024, accounts payable for consulting services rendered totaled $0 and $252,777, respectively, with a vendor in which our CEO is a beneficiary.

As of September 30, 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 $187,106 due to our former Chief Financial Officer. Accrued compensation includes prorated year end accrued cash bonuses that are considered probable.