Quarterly report pursuant to Section 13 or 15(d)

Accounts Payable and Accrued Expenses

v3.22.2.2
Accounts Payable and Accrued Expenses
9 Months Ended
Sep. 30, 2022
Payables and Accruals [Abstract]  
Accounts Payable and Accrued Expenses

  

  3. Accounts Payable and Accrued Expenses

 

As of September 30, 2022 and December 31, 2021, the Company owed $197,000 and $197,000, respectively, pursuant to a separation agreement with a former executive officer effective April 1, 2017 as amended by letter agreements dated effective August 16, 2018 and March 31, 2019, (the “Letter Agreements”) which have been included as part of accounts payable and accrued expenses on the accompanying condensed consolidated balance sheet. The payments, pursuant to the Letter Agreements, are to be made at $10,000 per month. During the nine months ended September 30, 2022 the Company made no payments.