Annual report pursuant to Section 13 and 15(d)

Prepaid Expenses and Other Current Assets

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Prepaid Expenses and Other Current Assets
12 Months Ended
Dec. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Prepaid Expenses and Other Current Assets Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consisted of the following:
December 31,
2023
December 31,
2022
Prepaid material purchases $ 440,091  $ 2,454,298 
Prepaid insurance 1,282,703  2,392,978 
Other prepayments 166,424  199,323 
Total prepaid expenses $ 1,889,218  $ 5,046,599 
Term loan receivable $ 695,000  $
Other current assets 330,214  56,410 
Total other current assets $ 1,025,214  $ 56,410