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Accounts Payable and Accrued Expenses
 12 Months Ended
Dec. 31, 2023
Accounts Payable and Accrued Expenses [Abstract]  
ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Note 6. ACCOUNTS PAYABLE AND ACCRUED EXPENSES

 

The components of accounts payable and accrued expenses at December 31, are detailed as follows:

 

   December 31,
2023		   December 31,
2022		 
Accounts Payable  $5,461,000   $6,442,000 
Accrued Payroll   373,000    674,000 

Accrued Expenses – other

   257,000    426,000 
Accounts Payable and accrued expenses  $6,091,000   $7,542,000 

 

During the year ended December 31, 2022, the Company reviewed all old outstanding payables that were not paid and based on the statute of limitations concluded that certain claims would no longer be enforceable. The Company determined that approximately $317,000 of aged payables fell into this category. This adjustment is recorded as write-off of accounts payable in the accompanying consolidated statement of operations.