Annual report pursuant to Section 13 and 15(d)

Subsequent events

Subsequent events
12 Months Ended
Dec. 31, 2023
Subsequent Events [Abstract]  
Subsequent events

Note 21 – Subsequent events


Subsequent to year end, the Company did not receive a 2023 annual installment payment of $117,000 annuity-like investment that is due in or around January or February. The Company has retained its impairment reserves and recorded losses on investment due to a history of uncertain payments. On March 13, 2024, the Company retained counsel to begin the process of collecting the past due amounts and explore whether the Company should file suit. Due to a reduction in expected collections, the collectability of our investment in account receivable was impaired by $116,430 on February 15, 2022 and the terms of the investment were modified, resulting in an additional loss of $41,930, see Note 4.