|
6.
Short-Term Notes Payable
The
Company had the following short-term notes payable as of March 31, 2024 and December 31, 2023:
Summary
of Short-Term Notes Payable
| |
|
March
31, 2024 |
|
|
December
31, 2023 |
|
| Directors’
and officers’ liability insurance financing of $611,109 and $528,429 due in monthly installments of $64,316 and $54,366 including
principal and interest at 9.55% and 5.34% through May 24, 2024 and May 24, 2023, respectively |
|
$ |
126,840 |
|
|
$ |
312,703
|
|
| Directors’ and
officers liability insurance financing |
|
$ |
126,840 |
|
|
$ |
312,703
|
|
|