Annual report pursuant to Section 13 and 15(d)

Prepaid Expenses and Other Current Assets

v3.21.2
Prepaid Expenses and Other Current Assets
 12 Months Ended
Dec. 31, 2020
Prepaid Expenses And Other Current Assets [Abstract]  
PREPAID EXPENSES AND OTHER CURRENT ASSETS

NOTE 7 — PREPAID EXPENSES AND OTHER CURRENT ASSETS


Prepaid expenses consist of the following as of December 31, 2020 and 2019:


    As of
December 31,		  
    2020     2019  
Insurance   $ 1,003,271     $ -  
Research and development expense tax credit receivable     409,470       211,740  
Professional fees     104,080       115,166  
Value-added tax receivable     37,751       43,352  
Taxes     37,424       -  
Other     14,418       34,999  
Research and development     -       186,391  
    $ 1,606,414     $ 591,648