Quarterly report pursuant to Section 13 or 15(d)

Prepaids, As Restated

v3.23.1
Prepaids, As Restated
6 Months Ended
Jun. 30, 2022
Prepaids As Restated  
Prepaids, As Restated

6. Prepaids, As Restated

 

As of June 30, 2022 and December 31, 2021, the Company had $1,990,049 and $434,699, respectively, in prepaid expense and other current assets. The balance on June 30, 2022 consists of approximately $1.9 million paid to third-party vendors for research and development to be completed, $0.08 million for prepaid insurance expense, and deposits of approximately $0.02 million.

 

 Schedule of Prepaids

    June 30,     December 31,  
    2022     2021  
Prepaid Expense     1,972,109       416,759  
Deposits    

17,940

     

17,940

 
Total     1,990,049       434,699