| Schedule of 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 | |
|