v3.26.1
ACCRUED EXPENSE AND OTHER
 12 Months Ended
Dec. 31, 2025
Payables and Accruals [Abstract]  
ACCRUED EXPENSE AND OTHER

NOTE 7 – ACCRUED EXPENSE AND OTHER

 

Accrued expense and other includes the following :

 

   December 31,
2025		   December 31,
2024		 
Accrued officer bonus  $213,614   $464,580 
Accrued liabilities - Champion   263,377    28,000 
Accrued liabilities - Beer   60,797    - 
Accrued liabilities - Properties   34,270    - 
Accrued officer compensation   37,373    510,669 
Tony Stewart Racing   -    434,000 
Other accrued expenses   112,893    648,831 
Total accrued expense and other  $722,324   $2,086,080 

 

Accrued expenses represent obligations for goods and services received that have not yet been invoiced or paid as of the reporting date. These liabilities are recorded when incurred in accordance with the accrual basis of accounting and are classified as current liabilities on the consolidated balance sheets.