Other Current Assets and Accrued Expenses

6 Months Ended

Jun. 30, 2025

Other Current Assets and Accrued Expenses

Other Current Assets and Accrued Expenses

5. Other Current Assets and Accrued Expenses

Other current assets consisted of the following as of the dates presented below:

	JUNE 30,		DECEMBER 31,
	2025		2024
	(Unaudited)
Inventories	$	560,918	$	312,429
Prepaid project costs		454,071		565,999
Deferred contract costs		5,532,309		2,134,182
Prepaid expenses and other assets		1,568,430		758,863
Total other current assets	$	8,115,728	$	3,771,473

Accrued expenses consisted of the following as of the dates presented below:

	JUNE 30,		DECEMBER 31,
	2025		2024
	(Unaudited)
Carrier service costs	$	23,997,350	$	25,116,590
Salaries and payroll taxes		2,070,370		2,210,150
Inventory purchases, consultants and other costs		3,003,433		3,495,405
Other		7,980		29,110
	$	29,079,133	$	30,851,255