Note 10 – Accounts payable and accrued expenses

Accounts payable and accrued expenses consist of the following:

Schedule of accounts payable and accrued expenses 

As of June 30, 2026, the significant increase in accounts payable was primarily attributable to the Company’s management of the timing of payments to preserve liquidity. As of the date of issuance of these consolidated financial statements, $3,802,931 of the accounts payable outstanding as of June 30, 2026 had been settled.