v3.26.1
ACCOUNTS PAYABLE AND ACCRUED LIABILITIES
 6 Months Ended
Jun. 30, 2026
ACCOUNTS PAYABLE AND ACCRUED LIABILITIES  
ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

NOTE 9 — ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

 

Accrued liabilities of the Philippine subsidiary consisted of the following at June 30, 2026:

 

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

Trade payable

 

$107,544

 

 

$25,220

 

Accrued expenses

 

 

32,684

 

 

 

-

 

Accrued interest expense

 

 

74,705

 

 

 

45,462

 

Tax and government agency payable

 

 

30,229

 

 

 

-

 

Commission payable

 

 

13,155

 

 

 

-

 

Accounts payable and accrued expenses

 

$258,317

 

 

$70,682

 

 

The table above comprises the obligations of the Company, TaskAlpha and Flipside AI, including the commission accrual described in Note 10. The total of $258,317 is presented on the condensed consolidated balance sheets as accounts payable of $41,721, accrued liabilities of $141,891 and accrued interest payable — short term of $74,705.