| ACCRUED LIABILITIES |
NOTE 6 – ACCRUED LIABILITIES
Accrued liabilities consisted of the following as of March
31, 2025 and December 31, 2024:
| | |
March 31, | | |
December 31, | |
| | |
2025 | | |
2024 | |
| | |
(Successor) | | |
(Successor) | |
| Employee-related liabilities | |
$ | 61,078 | | |
$ | 244,302 | |
| Accrued franchise taxes | |
| 78,448 | | |
| 78,448 | |
| Accrued legal expenses | |
| - | | |
| 593,825 | |
| Insurance payable | |
| 275,133 | | |
| - | |
| Penalty for late S-1 filing and effectiveness | |
| 55,000 | | |
| 55,000 | |
| Accrued consulting and professional services | |
| - | | |
| 941,600 | |
| | |
$ | 469,659 | | |
$ | 1,913,175 | |
|
NOTE 6 – ACCRUED LIABILITIES
Accrued liabilities consisted of the following as of December 31, 2024
and 2023:
| | |
December 31, | | |
December 31, | |
| | |
2024 | | |
2023 | |
| | |
(Successor) | | |
(Predecessor) | |
| Employee-related liabilities | |
$ | 244,302 | | |
$ | 68,697 | |
| Accrued franchise taxes | |
| 78,448 | | |
| - | |
| Accrued legal expenses | |
| 593,825 | | |
| 46,466 | |
| Accrued interest | |
| - | | |
| 27,637 | |
| Penalty for late S-1 filing and effectiveness | |
| 55,000 | | |
| - | |
| Accrued consulting and professional services | |
| 941,600 | | |
| - | |
| Other accrued expenses | |
| - | | |
| 1,833 | |
| | |
$ | 1,913,175 | | |
$ | 144,633 | |
|