Accounts Payable and Accrued Expenses

12 Months Ended

Dec. 31, 2021

Payables and Accruals [Abstract]

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

NOTE 4 – ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consisted of the following as of December 31, 2021 and 2020:

	2021		2020
Trade payables	$	593,563	$	311,024
Accrued interest		33,533		554,755
Accrued payroll and related expenses		836,793		891,790
Current portion of operating lease liabilities		69,812		117,414
Other*		479,759		790,149
Total	$	2,013,460	$	2,665,132

* Included in other is accrued Board of Directors Compensation of $-0- and $349,000 as of December 31, 2021 and December 31, 2020, respectively. In May 2021, the non-employee Directors were compensated for their service through the issuance of stock options and therefore the balance of the accrual for Directors’ compensation was $-0- as of December 31, 2021.  See Note 8.