Annual report [Section 13 and 15(d), not S-K Item 405]

ACCRUED LIABILITIES

v3.25.1
ACCRUED LIABILITIES
 12 Months Ended
Dec. 31, 2024
Payables and Accruals [Abstract]  
ACCRUED LIABILITIES

NOTE 7 - ACCRUED LIABILITIES

 

Accrued liabilities were comprised of the following:

 

    December 31,     December 31,  
    2024     2023  
             
Accrued compensation and related taxes   $ 128,000     $ 89,000  
Accrued interest     4,276,400       3,396,700  
Accrued settlement/litigation claims     150,000       150,000  
Warranty and defect claims     58,000       51,000  
Other     144,300       72,600  
Total Accrued Liabilities   $ 4,756,700     $ 3,759,300