Quarterly report pursuant to Section 13 or 15(d)

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

v3.22.2.2
ACCOUNTS PAYABLE AND ACCRUED LIABILITIES
 9 Months Ended
Sep. 30, 2022
Payables and Accruals [Abstract]  
ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

5. ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

 

   

September 30,

2022

    

December 31,

2021

  
Accounts payable   $ 445,186     $ 414,117  
Accrued expenses     350,698       981,027  
Others     200,637       137,168  
Accounts payable and accrued liabilities   $ 996,521     $ 1,532,312  

 

Accrued expenses include professional fee payable of $72,955 (December 31, 2021 - $66,408), interest expense of $22,935 (December 31, 2021 – $24,797), Directors’ fees payable of $30,286 (December 31, 2021 - $39,309), withholding tax payable of $75,282 (December 31, 2021 - $89,236) legal expense payable of $149,240 (December 31, 2021 - $174,598,) and other items aggregating nil (December 31, 2021 - $86,679). Accrued expenses as of December 31, 2021, also included $500,000 related to reimbursement for satisfaction of secured debt of seller of IP asset.