Quarterly report pursuant to Section 13 or 15(d)

Other Current Assets and Liabilities (Tables)

v3.23.1
Other Current Assets and Liabilities (Tables)
 3 Months Ended
Mar. 31, 2023
Other Assets And Liabilities, Current [Abstract]  
Schedule of other current assets
Other current assets consist of the following:
  As of March 31, 2023 As of December 31, 2022
AUS Industry tax rebate $ 356,785  $ 179,687 
Other tax receivables 130,746  — 
Short-term deposits 282,740  146,803 
Total other current assets 49,741  155,098 
  $ 820,012  $ 481,588 
Schedule of other current liabilities
Other current liabilities consist of the following:
  As of March 31, 2023 As of December 31, 2022
Research and development costs $ 72,922  $ 40,597 
Legal expense 206,711  227,350 
Insurance loan payable —  55,451 
Deposit - Verdelite SPA —  553,800 
Acquisition related contingent liability 134,896  134,896 
Total other accrued liabilities 386,599  410,351 
  $ 801,128  $ 1,422,445