| Schedule of Accrued Expenses |
Accrued expenses consist of
the following as of September 30, 2023 and December 31, 2022:
| |
|
September 30, |
|
|
December 31, |
|
| |
|
2023 |
|
|
2022 |
|
| Consulting fees |
|
$ |
582,476 |
|
|
$ |
531,829 |
|
| Professional fees |
|
|
125,000 |
|
|
|
3,945 |
|
| Litigation accrual (1) |
|
|
49,999 |
|
|
|
125,255 |
|
| Employee and director compensation |
|
|
1,367,453 |
|
|
|
1,558,024 |
|
| Research and development fees |
|
|
175,165 |
|
|
|
22,023 |
|
| Interest |
|
|
66,415 |
|
|
|
36,422 |
|
| Other |
|
|
9,152 |
|
|
|
7,018 |
|
| |
|
$ |
2,375,660 |
|
|
$ |
2,284,516 |
|
| (1) | See Note 8 - Commitments and Contingencies, Legal Matters. |
|
Accrued expenses consist
of the following as of December 31, 2022 and 2021:
| |
|
December 31, |
|
| |
|
2022 |
|
|
2021 |
|
| Consulting fees |
|
$ |
531,829 |
|
|
$ |
548,281 |
|
| Professional fees |
|
|
3,945 |
|
|
|
252,973 |
|
| Litigation accrual (1) |
|
|
125,255 |
|
|
|
300,000 |
|
| Employee and director compensation |
|
|
1,558,024 |
|
|
|
725,569 |
|
| Research and development fees |
|
|
22,023 |
|
|
|
91,737 |
|
| Interest |
|
|
36,422 |
|
|
|
25,433 |
|
| Other |
|
|
7,018 |
|
|
|
20,587 |
|
| |
|
$ |
2,284,516 |
|
|
$ |
1,964,580 |
|
| (1) | See Note 11 - Commitments and Contingencies, Potential Legal Matters. |
|