11. Other current liabilities
As of December 31, 2024 and 2023, other current liabilities consist of the following:
| Schedule of other current liabilities |
|
|
|
|
|
|
|
|
| (Amounts in thousands) |
|
December 31,
2024 |
|
|
December 31,
2023 |
|
| Accrued expenses(1) |
|
$ |
388 |
|
|
$ |
653 |
|
| Other short-term payables |
|
|
1,303 |
|
|
|
44 |
|
| Taxes and duties payable |
|
|
330 |
|
|
|
255 |
|
| Provision for unused vacation |
|
|
- |
|
|
|
4 |
|
| Social security funds |
|
|
189 |
|
|
|
70 |
|
| Overtime provision |
|
|
- |
|
|
|
9 |
|
| Total |
|
$ |
2,210 |
|
|
$ |
1,035 |
|
Other short-term payables largely consist of salary payable to the Company’s officers who have not received a salary payment since May 2024.
| (1) |
Accrued expenses are analyzed as follows: |
| Schedule of accrued expenses |
|
|
|
|
|
|
|
|
| (Amounts in thousands) |
|
December 31,
2024 |
|
|
December 31,
2023 |
|
| Accrued expenses for legal and consulting fees |
|
$ |
183 |
|
|
$ |
219 |
|
| Accrued payroll fees |
|
|
- |
|
|
|
139 |
|
| Other accrued expenses |
|
|
205 |
|
|
|
295 |
|
| Total |
|
$ |
388 |
|
|
$ |
653 |
|
Other accrued expenses mainly consist of accrued staff expenses and audit fees.
|