Note 9 – Accrued Expenses and Other Current Liabilities Accrued expenses and other current liabilities consist of the following: | | | June 30, | | | December 31, | | | | | 2026 | | | 2025 | | | Compensation expense | | $ | 174,147 | | | $ | 217,668 | | | Event costs | | | - | | | | 14,704 | | | Legal and professional fees (a) | | | 5,041,918 | | | | 6,422,762 | | | Other accrued expenses | | | 98,810 | | | | 203,402 | | | | | | | | | | | | | Accrued expenses and other current liabilities | | $ | 5,314,875 | | | $ | 6,858,536 | | | (a) | At June 30, 2026, this line-item consists entirely of fees and expenses payable to the attorneys of Knighted Pastures, LLC (“Knighted”) in connection with an action initiated by Knighted against the Company and its directors in the Delaware Court of Chancery on November 12, 2024, Knighted Pastures, LLC v. Yangyang Li, et. al, C.A. No. 2024-1158-JTL. The balance as of December 31, 2025 includes an accrual of approximately $5.9 million for such fees and expenses. |
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