Other Current Assets

12 Months Ended

Dec. 31, 2022

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Other Current Assets

NOTE 7 – OTHER CURRENT ASSETS

Our other current assets consist of the following:

	December 31, 2022		December 31, 2021
Prepaid expenses	$	722,025	$	732,562
Deposits		225,403		44,068
Total other current assets	$	947,428	$	776,630

All prepaid expenses are amortized on a straight-line basis over the term of the underlying agreements. Prepaid expenses are predominantly insurance related. Deposits may be held by various entities for equipment, services, and in accordance with agreements in the normal course of business.