Schedule of Accrued Expenses |
Accrued expenses consisted of the following:
| |
March 31, 2025 | | |
December 31, 2024 | |
Accrued interest | |
$ | 1,676 | | |
$ | 578,456 | |
Consulting and professional fees | |
| 396,473 | | |
| 37,789 | |
Franchise tax | |
| 50,000 | | |
| 33,176 | |
Warranty reserve | |
| 272,187 | | |
| 529,129 | |
Accrued payroll | |
| 221,917 | | |
| 417,977 | |
Other | |
| 19,247 | | |
| 90,071 | |
| |
$ | 961,500 | | |
$ | 1,686,598 | |
|
Accrued expenses consisted of the following:
| |
December 31, | |
| |
2024 | | |
2023 | |
Accrued commission | |
$ | — | | |
$ | 6,000 | |
Accrued interest | |
| 578,456 | | |
| 113,000 | |
Accrued bonuses | |
| — | | |
| 150,000 | |
Accrued expenses, other | |
| 161,036 | | |
| 131,859 | |
Warranty reserve | |
| 529,129 | | |
| 89,430 | |
Accrued payroll | |
| 417,977 | | |
| 289,406 | |
| |
$ | 1,686,598 | | |
$ | 779,695 | |
|