Quarterly report pursuant to Section 13 or 15(d)

Prepaids, As Restated

v3.23.1
Prepaids, As Restated
9 Months Ended
Sep. 30, 2022
Prepaids As Restated  
Prepaids, As Restated

6. Prepaids, As Restated

 

As of September 30, 2022 and December 31, 2021, the Company had $2,572,033 and $434,699, respectively. In the nine-month period ended September 30, 2022. The balance at September 30, 2022 reflects approximately $2.0 million paid to third-party vendors for research and development to be completed, $0.5 million in prepaid insurance and deposits of approximately $0.02 million.

 

 Schedule of Prepaids 

    September 30,     December 31,  
    2022     2021  
Prepaid Expense    

2,554,093

      416,759  
Deposits    

17,940

     

17,940

 
Total     2,572,033       434,699