XML 33 R17.htm IDEA: XBRL DOCUMENT v3.25.1
Note I - Accrued Liabilities
 12 Months Ended
Dec. 31, 2024
Notes to Financial Statements  
Accounts Payable and Accrued Liabilities Disclosure [Text Block]

NOTE I—ACCRUED LIABILITIES

 

Accrued liabilities consisted of the following as of December 31:

 

  

2024

  

2023

 
         

Compensation

 $549,217  $326,007 

Compensated absences

  299,152   327,252 

Accrued legal and accounting fees

  161,000   264,976 

Taxes

  55,986   152,986 

Employee expenses reimbursement

  154,209   124,209 

Sales tax payable

  18,147   19,282 

Other

  41,021   91,136 
         

Total

 $1,278,732  $1,305,848 

 

 

      For the years ended 12/31/2024 from 12/31/2023, there were increases in compensation costs related to commission payments due of approximately, $223,000 and increases in employee expenses reimbursement due to timing of reimbursements of approximately $30,000. These increases were offset by decreases for the years ended 12/31/2024 from 12/31/2023 of approximately $28,000 for a lower vacation time accrual, approximately $104,000 for lower legal and accounting fees, approximately $97,000 for taxes, approximately $1,135 for sales tax, and approximately $50,000 for miscellaneous accrued expenses.