General form of registration statement for all companies including face-amount certificate companies

Prepaid Expenses, Other Current Assets and Other Current Liabilities (Tables)

v3.24.1
Prepaid Expenses, Other Current Assets and Other Current Liabilities (Tables)
 12 Months Ended
Dec. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of Prepaid Expenses
Prepaid expenses consist of the following:
As of December 31
2023 2022
Prepaid clinical expenses $ 292,352  $ 646,072 
Total other prepaid expenses 132,907  134,735 
$ 425,259  $ 780,807 
Schedule of Other Current Assets
Other current assets consist of the following:
As of December 31
2023 2022
AusIndustry incentive $ 540,604  $ 179,687 
Vendor deposits 172,439  101,386 
Excise Tax Bonds 125,784  74,121 
Other tax receivables 32,458  — 
Other current assets
 17,644  126,394 
$ 888,929  $ 481,588 
Schedule of other current liabilities
Other current liabilities consist of the following:
As of December 31
2023 2022
Research and development costs $ 467,784  $ 40,597 
Legal expenses
 258,213  227,350 
EHT Acquisition related liabilities 180,897  369,111 
Consulting fees 47,400  — 
Professional fees 22,068  86,682 
Insurance loan payable —  55,451 
Deposit - Verdélite SPA
 —  553,800 
Other accrued liabilities 22,190  89,454 
$ 998,552  $ 1,422,445