Prepaid Expense and Other Current Assets |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2022 | ||||||||||||||||||||||||||||||||||||||||||||||
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| Prepaid Expense and Other Current Assets |
6. Prepaid Expense and Other Current Assets
As of December 31, 2022 and December 31, 2021, the Company had $2,862,738 and $434,699, respectively. The balance at December 31, 2022 reflects approximately $2.4 million paid to third-party vendors for research and development to be completed, $0.4 million in prepaid insurance and deposits of approximately $0.02 million.
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