December 31,
2022

December 31,
2021

December 31,
2020

Interest paid and accretive interest on debentures

$

86,841

$

1,893,494

$

1,744,120

Interest expense on long-term debt

-

4,877

11,107

Interest on bank loans

-

22,686

18,532

Other interest and bank charges

58,894

47,704

(3,819

)

Loss (gain) on redemption of debentures

-

(16,712

)

Interest earned on director’s loan

-

(6,000

)

(23,000

)

Interest expense on lease obligations

35,678

21,279

14,045

Total

$

181,413

$

1,984,040

$

1,744,273