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ACCOUNTS PAYABLE AND ACCRUED EXPENSES
 3 Months Ended
Mar. 31, 2026
Payables and Accruals [Abstract]  
ACCOUNTS PAYABLE AND ACCRUED EXPENSES

NOTE 7. ACCOUNTS PAYABLE AND ACCRUED EXPENSES

 

Accounts payable and accrued expenses at March 31, 2026 and December 31, 2025 consisted of the following:

 

   March 31,   December 31, 
   2026   2025 
Accounts payable  $26,125,000   $35,355,000 
Income taxes payable   2,564,000    - 
Accrued interest   1,222,000    6,498,000 
Other accrued expenses   106,000    106,000 
Total accounts payable and accrued expenses  $30,017,000   $41,959,000