v3.26.1
Other Current Liabilities
 3 Months Ended
Mar. 31, 2026
Other Current Liabilities [Abstract]  
OTHER CURRENT LIABILITIES

NOTE 8 — OTHER CURRENT LIABILITIES

 

Other current liabilities consisted of the following as of March 31, 2026 and December 31, 2025:

 

  

March 31,

2026

   December 31,
2025		 
Payroll and payroll tax payable  $5,191   $6,157 
Federal income tax payable   229,483    229,483 
State income tax payable   74,372    70,655 
Credit card payable   15,176    11,030 
Accrued expenses   5,550    50,614 
Tenant-contributed emergency reserve   2,500    2,500 
Other payable   
—
    1,500,085 
Total other current liabilities  $332,272   $1,870,524 

 

In December 2025, the Company received $1,500,085 from the same third party described in Note 4 — Loan Receivable in connection with a proposed joint real estate investment. The funds were intended to be used toward the acquisition of a property for investment purposes. The transaction was cancelled on December 31, 2025, and the amount was recorded in other current liabilities as of December 31, 2025. The amount was repaid in full in January 2026, and no other payable balance remained outstanding as of March 31, 2026.