Quarterly report pursuant to Section 13 or 15(d)

ACCRUED LIABILITIES

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ACCRUED LIABILITIES
6 Months Ended
Jun. 30, 2024
Payables and Accruals [Abstract]  
ACCRUED LIABILITIES

NOTE 7 – ACCRUED LIABILITIES

 

Accrued liabilities were comprised of the following:

 

    June 30,     December 31,  
    2024     2023  
    (unaudited)     *  
Accrued compensation and related taxes   $ 101,700     $ 89,000  
Accrued interest     3,829,200       3,396,700  
Accrued settlement/litigation claims     150,000       150,000  
Warranty and defect claims     54,500       51,000  
Other     104,400       72,600  
Total Accrued Liabilities   $ 4,239,800     $ 3,759,300