Quarterly report pursuant to Section 13 or 15(d)

ACCRUED LIABILITIES

v3.22.2.2
ACCRUED LIABILITIES
9 Months Ended
Sep. 30, 2022
Payables and Accruals [Abstract]  
ACCRUED LIABILITIES

NOTE 7 – ACCRUED LIABILITIES

 

Accrued liabilities were comprised of the following:

 

    September 30,     December 31,  
  2022     2021  
      (unaudited)       *  
Accrued compensation and related taxes   $ 128,000     $ 124,600  
Accrued interest     2,350,700       1,818,500  
Accrued settlement/litigation claims     150,000       150,000  
Warranty and defect claims     43,300       40,000  
Other     103,600       97,000  
Total Accrued Liabilities   $ 2,775,600     $ 2,230,100