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

Prepaid Expenses

v3.23.2
Prepaid Expenses
6 Months Ended
Jun. 30, 2023
Prepaid Expenses [Abstract]  
Prepaid Expenses

4. Prepaid Expenses

 

Prepaid expenses consisted of the following:

 

    June 30,
2023
    December 31,
2022
 
Prepaid material purchases   $ 4,847,080     $ 2,454,298  
Prepaid insurance     919,870       2,392,978  
Other prepayments     354,088       199,323  
Total prepaid expenses   $ 6,121,038     $ 5,046,599