Quarterly report pursuant to Section 13 or 15(d)

ACCRUED LIABILITIES

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ACCRUED LIABILITIES
3 Months Ended
Mar. 31, 2024
Payables and Accruals [Abstract]  
ACCRUED LIABILITIES

NOTE 7 – ACCRUED LIABILITIES

 

Accrued liabilities were comprised of the following:

 

    March 31,
2024
    December 31,
2023
 
    (unaudited)     *  
Accrued compensation and related taxes   $ 78,800     $ 89,000  
Accrued interest     3,610,400       3,396,700  
Accrued settlement/litigation claims     150,000       150,000  
Warranty and defect claims     52,800       51,000  
Other     88,500       72,600  
Total Accrued Liabilities   $ 3,980,500     $ 3,759,300