Annual report [Section 13 and 15(d), not S-K Item 405]

Prepaid Expenses and Other Current Assets

v3.25.1
Prepaid Expenses and Other Current Assets
12 Months Ended
Dec. 31, 2024
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,
2024
December 31,
2023
Prepaid material purchases $ 394,950  $ 440,091 
Prepaid insurance 817,717  1,282,703 
Other prepayments 176,767  166,424 
Total prepaid expenses $ 1,389,434  $ 1,889,218 
Term loan receivable $ $ 695,000 
Other current assets 573,275  330,214 
Total other current assets $ 573,275  $ 1,025,214