Quarterly report pursuant to Section 13 or 15(d)

Other Current Assets and Liabilities (Tables)

v3.23.2
Other Current Assets and Liabilities (Tables)
 6 Months Ended
Jun. 30, 2023
Other Assets And Liabilities, Current [Abstract]  
Schedule of other current assets
Other current assets consist of the following:
  As of June 30, 2023 As of December 31, 2022
AusIndustry incentive $ 613,940  $ 179,687 
Other tax receivables 133,518  — 
Short-term deposits 282,910  282,740 
Total other current assets 33,746  19,161 
  $ 1,064,114  $ 481,588 
Schedule of other current liabilities
Other current liabilities consist of the following:
  As of June 30, 2023 As of December 31, 2022
Research and development costs $ 129,044  $ 40,597 
Legal fees 225,254  227,350 
Deposit - Verdélite SPA —  553,800 
Acquisition related contingent liability 188,231  134,896 
Total other accrued liabilities 306,804  410,351 
  $ 849,333  $ 1,366,994