v3.25.1
COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
SCHEDULE OF ACCRUED COMPENSATION AND BENEFIT

 

   Accrued
Compensation
and Related
Benefits
 
(i) Unpaid base salary – February 16, 2024 – December 31, 2024  $378,875 
(ii) Accrued vacation pay – through December 31, 2024  $104,244 
(iii) Health insurance premium – February 16, 2024 – December 31, 2024  $22,980 
(iv) Severance payment due (a)  $400,000 
Total  $906,099 

 

(a)The above amounts do not include the severance payment that became due and payable under the terms of the CEO Employment Agreement as a result of the Company’s failure to cure the default as discussed above, which is equal to Mr. Giordano’s annual base salary for the one-year subsequent to the termination of the CEO Employment Agreement ($400,000).