NOTE
7 – ACCRUED LIABILITIES
Accrued
liabilities were comprised of the following:
SCHEDULE OF ACCRUED LIABILITIES
| | |
March 31, | | |
December 31, | |
| | |
2025 | | |
2024 | |
| | |
(unaudited) | | |
* | |
| Accrued compensation and related taxes | |
$ | 112,300 | | |
$ | 128,000 | |
| Accrued interest | |
| 4,496,700 | | |
| 4,276,400 | |
| Accrued settlement/litigation claims | |
| 150,000 | | |
| 150,000 | |
| Warranty and defect claims | |
| 59,800 | | |
| 58,000 | |
| Other | |
| 156,200 | | |
| 144,300 | |
| Total Accrued Liabilities | |
$ | 4,975,000 | | |
$ | 4,756,700 | |
|