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PREPAID EXPENSES AND OTHER CURRENT ASSETS
9 Months Ended
Sep. 30, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
PREPAID EXPENSES AND OTHER CURRENT ASSETS

NOTE 3. PREPAID EXPENSES AND OTHER CURRENT ASSETS

 

As of September 30, 2023 and December 31, 2022, the prepaid expenses and other current assets of the Company consisted of the following:

 

   September 30, 2023   December 31, 2022 
Prepaid research and development  $651,623   $268,686 
Prepaid value-added taxes   229,909    159,782 
Prepaid professional fees   74,500     
Prepaid insurance   332,508    174,406 
Prepaid other   146,014    105,179 
Deferred offering costs   125,800     
Total prepaid expenses and other current assets  $1,560,354   $708,053