v3.26.1
Other Current Assets and Accrued Expenses
3 Months Ended
Mar. 31, 2026
Other Current Assets and Accrued Expenses  
Other Current Assets and Accrued Expenses

5. Other Current Assets and Accrued Expenses

 

Other current assets consisted of the following as of the dates presented below:

 

 

 

MARCH 31,

 

 

DECEMBER 31,

 

 

 

2026

 

 

2025

 

 

 

(Unaudited)

 

Inventories

 

$422,673

 

 

$682,005

 

Prepaid project costs

 

 

1,330,977

 

 

 

697,360

 

Deferred contract costs

 

 

1,753,502

 

 

 

2,993,272

 

Prepaid expenses and other assets

 

 

1,181,196

 

 

 

823,976

 

 

 

 

 

 

 

 

 

 

Total other current assets

 

$4,688,348

 

 

$5,196,613

 

 

Accrued expenses consisted of the following as of the dates presented below:

 

 

 

MARCH 31,

 

 

DECEMBER 31,

 

 

 

2026

 

 

2025

 

 

 

(Unaudited)

 

Carrier service costs

 

$29,489,650

 

 

$25,759,570

 

Salaries and payroll taxes

 

 

1,906,950

 

 

 

2,012,510

 

Inventory purchases, consultants and other costs

 

 

3,453,641

 

 

 

3,269,533

 

Other

 

 

124,320

 

 

 

117,560

 

 

 

 

 

 

 

 

 

 

Total accrued expenses

 

$34,974,561

 

 

$31,159,173