v3.25.2
Accounts Payable and Other Accrued Expenses
 12 Months Ended
Dec. 31, 2024
Accounts Payable and Other Accrued Expenses [Abstrac]  
ACCOUNTS PAYABLE AND OTHER ACCRUED EXPENSES

NOTE 12 — ACCOUNTS PAYABLE AND OTHER ACCRUED EXPENSES

 

Our accounts payable and other accrued expenses consist of the following as of December 31, 2024 and 2023:

 

   2024   2023 
Accounts payable  $9,666,387   $15,440,048 
           
Other accrued expenses:          
Accrued compensation and benefits expenses   23,780,237    18,305,434 
Accrued marketing and branding expenses   9,937,744    3,151,604 
Accrued data and cloud services fee   2,029,746    1,779,591 
Contingent liabilities   2,206,905    1,095,000 
Professional fees payable   4,185,803    3,545,631 
Security deposit   1,847,861    1,837,861 
Unpaid spin-off distribution   
–
    2,852,106 
Taxes payable   2,274,769    407,209 
Indemnification obligation   
–
    557,102 
Other   5,150,347    678,752 
Total  $61,079,799   $49,650,338