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

Selling, General, Administrative Expenses

v3.26.1
Selling, General, Administrative Expenses
 12 Months Ended
Dec. 31, 2025
Selling General Administrative Expenses  
Selling, General, Administrative Expenses

Note 5. Selling, General, Administrative Expenses

 

For the years ended December 31, 2025 and 2024, selling, general and administrative expenses consisted as follows: 

 

    2025     2024  
    Years Ended  
    December 31,  
    2025     2024  
             
Payroll expenses   $ 9,967,506     $ 6,978,930  
Sales and marketing expenses     160,426       193,942  
Lease expense     423,409       386,520  
Professional fees     737,401       1,105,930  
General and administrative expense     6,516,147       5,584,548  
Impairment loss on property and equipment     4,510,680       -  
Selling, General, Administrative Expenses   $ 22,315,569     $ 14,249,870