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Property and Equipment, Prepaid Expenses, Other Current Assets and Liabilities (Tables)
9 Months Ended
Sep. 30, 2024
Other Assets And Liabilities, Current [Abstract]  
Property, Plant and Equipment
Property and equipment, net consists of the following:
As of September 30, 2024As of December 31, 2023
Machinery and equipment$1,527,419 $78,024 
Computer equipment74,868 46,732 
Leasehold improvements13,954 13,954 
  Total property and equipment, gross
1,616,241 138,710 
Less: accumulated depreciation(99,629)(95,434)
 Total property and equipment, net$1,516,612 $43,276 
Schedule of prepaid expenses
Prepaid expenses consist of the following:
As of September 30, 2024As of December 31, 2023
Clinical expenses
$64,878 $61,352 
Financial advisory service agreement
284,170 — 
Other prepaid expenses
315,556 132,907 
$664,604 $194,259 
Schedule of other current assets
Other current assets consist of the following:
 As of September 30, 2024As of December 31, 2023
AusIndustry incentive$9,033 $540,604 
Vendor deposits2,216,427 403,439 
Other tax receivables3,678 158,242 
Other current assets421,671 17,644 

$2,650,809 $1,119,929 
Schedule of other current liabilities
Other current liabilities consist of the following:
 As of September 30, 2024As of December 31, 2023
Research and development costs $1,220,041 $467,784 
Legal fees370,359 258,213 
EHT Acquisition related liabilities
— 180,897 
Professional and consulting fees410,512 69,468 
Other accrued liabilities64,746 22,190 
 $2,065,658 $998,552