NOTE 7 – ACCRUED EXPENSES

The components of accrued expenses were as follows:

SCHEDULE OF COMPONENTS OF ACCRUED EXPENSES

Pursuant to a lease on the Company’s manufacturing facility, the Company had recorded $332,238 as payable to the lessor. As of March 31, 2025, the Company determined that $66,075 of accounts payable had exceeded the statute of limitations for payments for the period ending March 31, 2025. As a result, following legal advice, a total of $66,075 of these payables were extinguished from the Company’s balance sheets at March 31, 2025, and the gain on extinguishment of debt was included in other income on the Consolidated Statement of Operations. There were no accounts payable that were extinguished from the Company’s balance sheet at March 31, 2026.