Quarterly report pursuant to Section 13 or 15(d)

Accounts Payable and Accrued Expenses

v3.23.1
Accounts Payable and Accrued Expenses
 3 Months Ended
Mar. 31, 2023
Payables and Accruals [Abstract]  
Accounts Payable and Accrued Expenses

Note 10. Accounts Payable and Accrued Expenses

 

Accounts payable and accrued expenses consisted of the following:

 

   

March 31,
2023

(Unaudited)

    

December 31,
2022

(Audited)

  
Accounts payable   $ 1,312,170     $ 1,194,067  
Rental deposits     4,422       4,325  
Customer deposits payable     62,093       86,462  
Accrued wages & payroll liabilities     27,835       23,040  
VAT liability & sales tax payable     104,470       5,685  
U.K. income tax payable     5,847       23,771  
Accrued legal fees     -       84,685  
Accrued stock based compensation     182,745       -  
Pre-merger accrued other liabilities     88,448       88,448  
Accrued interest     -       356  
Accrued other liabilities     7,268       7,256  
Total   $ 1,795,298     $ 1,518,095  

 

 

NEXTPLAT CORP AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)