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Other Accrued Liabilities
 12 Months Ended
Dec. 31, 2024
Payables and Accruals [Abstract]  
Other Accrued Liabilities

5. Other Accrued Liabilities

The Company’s other current and non-current accrued liabilities consisted of:

 

 

December 31,

 

 

 

2024

 

 

2023

 

Customer Rebates

 

$

5,872,181

 

 

$

5,720,898

 

Contingent Liability - Safety Made

 

 

—

 

 

 

750,000

 

Contingent Liability - Elite

 

 

500,000

 

 

 

—

 

Accrued Compensation

 

 

2,388,504

 

 

 

2,585,124

 

Dividend Payable

 

 

563,175

 

 

 

546,710

 

Income Taxes Payable

 

 

230,396

 

 

 

362,741

 

Other

 

 

2,324,632

 

 

 

2,442,799

 

Total:

 

$

11,878,888

 

 

$

12,408,272