Accounts Payable and Accrued Expenses |
6 Months Ended | ||||||||||||||||||||||||||||||||||||
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Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||
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| Accounts Payable and Accrued Expenses | Note 5 - Accounts Payable and Accrued Expenses
The Company accrued amounts owed to vendors, which were comprised of the following:
The Company’s trade payables are generally short term, due on demand or with an obligation to pay within less than 365 days. The Company has no balances outstanding for more than 90 days.
On October 31, 2024, the Company’s Board of Directors approved and adopted an amendment and restatement of the Company’s bylaws (the “Amended and Restated Bylaws”), effective November 1, 2024. Among other provisions, the Amended and Restated Bylaws authorize the issuance of uncertificated shares for some or all classes or series of the Company’s capital stock.
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