v3.26.1
Accrued Expenses and Other Current Liabilities
 3 Months Ended
Mar. 31, 2026
Payables and Accruals [Abstract]  
Accrued Expenses and Other Current Liabilities

NOTE 8 - Accrued Expenses and Other Current Liabilities

 

Accrued expenses and other current liabilities were comprised of the following as of March 31, 2026 and December 31, 2025, respectively:

 

   March 31, 2026   December 31, 2025 
         
Sales tax payable  $6,084   $16,069 
Refund liability   -    729,320 
Accrued payroll   341,144    354,362 
Accrued bonus   165,910    782,612 
Accrued expenses   199,639    268,155 
Accrued interest   28,596    - 
Other payables   22,687    75,869 
Total  $764,060   $2,226,387 

 

As of March 31, 2026 and December 31, 2025, the Company has accrued $0 and $729,320, respectively, in a proactive approach towards potential future refunds.

 

A bonus expense is accrued on an annual basis, when the Company’s financial or operational performance meets the required performance level. The Company has $165,910 and $782,612 accrued for bonuses as of March 31, 2026 and December 31, 2025, respectively.