Note 9. Accounts Payable and Accrued Expenses
Accounts payable and accrued expenses consist of the following:
| Schedule of accounts payable and accrued expenses |
|
|
|
|
|
|
|
|
| |
|
June 30,
2026 |
|
|
December 31,
2025 |
|
| Accounts payable |
|
$ |
13,582,511 |
|
|
$ |
12,425,200 |
|
| Accrued interest (various notes and loans payable) |
|
|
1,599,021 |
|
|
|
713,754 |
|
| Accrued tax penalties and interest |
|
|
1,029,846 |
|
|
|
837,477 |
|
| Accounts payable and accrued expenses |
|
$ |
16,211,378 |
|
|
$ |
13,976,431 |
|
Related-party accounts payable and accrued expenses consisted of the following:
| Schedule of accounts payable and accrued expenses related parties |
|
|
|
|
|
|
|
|
| |
|
June 30,
2026 |
|
|
December 31,
2025 |
|
| Accounts payable - related parties |
|
$ |
- |
|
|
$ |
1,593,993 |
|
| Accrued interest (notes payable) - related parties |
|
|
1,528,694 |
|
|
|
238,632 |
|
| Accounts payable and accrued expenses - related parties |
|
$ |
1,528,694 |
|
|
$ |
1,832,625 |
|
Accounts payable primarily consist of trade payables and operating accruals incurred in the ordinary course of business.
|