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

Accrued Liabilities (Tables)

v3.26.1
Accrued Liabilities (Tables)
12 Months Ended
Dec. 31, 2025
Payables and Accruals [Abstract]  
Schedule of Accrued Liabilities
Accrued liabilities consisted of the following:
December 31,
2025
December 31,
2024
Accrued compensation $ 221,724  $ 956,399 
Accrued severance 274,038  1,031,731 
Accrued professional fees 96,786  2,350 
Accrued insurance 331,607  440,562 
Accrued sales and property taxes 202,638  428,801 
Accrued royalties 337,500  400,000 
Accrued interest 4,303,157  2,302,878 
Accrued Audit Fees 531,000 
Accrued settlement 319,546 
Other accrued expenses 233,398  40,000 
Accrued purchase liability - SeaTrepid 3,287,881 
Total accrued expenses $ 10,139,275  $ 5,602,721