Annual report pursuant to Section 13 and 15(d)

Prepaid Expense Assets ??? Current and Long-Term

Prepaid Expense Assets – Current and Long-Term

12 Months Ended

Dec. 31, 2023

Prepaid Expense Assets Current And Long-term

Prepaid Expense Assets – Current and Long-Term

7. Prepaid Expense Assets – Current and Long-Term

	December 31, 2023		December 31, 2022
Prepaid research and expense, current	$	-	$	2,471,809
Prepaid insurance		334,940		372,989
Other prepaid expense, current		47,333		-
Deposits		-		17,940
Prepaid research and development expense, long-term		1,090,750		-
Total Current and Long-Term Prepaid Assets	$	1,473,023	$	2,862,738

As of December 31, 2023, the Company determined that vaccine program prepaid research and development expense paid to a vendor in 2022 should be reclassified from prepaid current assets to a long-term asset. As a result of vaccine program delays it is not expected that the prepaid amount will be recognized as realized expense in 2024.