Annual report pursuant to Section 13 and 15(d)

ACCOUNTS PAYABLE AND ACCRUED OTHER LIABILITIES

v3.23.1
ACCOUNTS PAYABLE AND ACCRUED OTHER LIABILITIES
 12 Months Ended
Dec. 31, 2022
Payables and Accruals [Abstract]  
ACCOUNTS PAYABLE AND ACCRUED OTHER LIABILITIES

NOTE 8 - ACCOUNTS PAYABLE AND ACCRUED OTHER LIABILITIES

 

Accounts payable and accrued expenses consisted of the following:

 

    December 31, 2022     December 31, 2021  
Accounts payable   $ 1,194,067     $ 846,380  
Rental deposits     4,325       2,030  
Customer deposits payable     86,462       59,733  
Accrued wages & payroll liabilities     23,040       20,107  
VAT liability & sales tax payable     5,685       6,203  
U.K. income tax payable     23,771       -  

Accrued legal fees

     84,685       -  
Pre-merger accrued other liabilities     88,448       88,448  
Accrued interest     356       138  
Accrued other liabilities     7,256       40,305  
Total   $ 1,518,095     $ 1,063,344  

 

 

NEXTPLAT CORP AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)