Three Months Ended March 31, 2022

Three Months Ended March 31, 2021

Related party transactions included within interest expense:

Interest expense on promissory notes issued to relatives of the Chairman and Chief Executive Officer of the Company

$

79,292

$

78,982

Interest expense on lines of credit payable to the Chairman and Chief Executive Officer of the Company and his spouse

$

384,922

$

314,737

Related party transactions included within selling, general and administrative expenses:

Consulting fees to the Chairman and Chief Executive Officer of the Company accrued on the line of credit available to the Company

$

62,400

$

62,400

Salary for services as VP Corporate and Director of the Singapore subsidiary to the spouse of the Chairman and Chief Executive Officer of the Company

$

11,091

$

—

Rent paid to a company controlled by the spouse of the Chairman and immediate family members

$

12,200

$

—