Quarterly report pursuant to Section 13 or 15(d)

Prepaid Expenses and Other Current Assets

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Prepaid Expenses and Other Current Assets
3 Months Ended
Mar. 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:
March 31,
2024
December 31,
2023
Prepaid material purchases $ 157,953  $ 440,091 
Prepaid insurance 1,238,803  1,282,703 
Other prepayments 182,829  166,424 
Total prepaid expenses $ 1,579,585  $ 1,889,218 
Term loan receivable $ $ 695,000 
Other current assets 316,018  330,214 
Total other current assets $ 316,018  $ 1,025,214