v3.25.1
Supplemental Balance Sheet Information
3 Months Ended
Mar. 31, 2025
Supplemental Balance Sheet Information [Abstract]  
Supplemental Balance Sheet Information
3. Supplemental Balance Sheet Information

 

Prepaid expenses and other current assets

 

Prepaid expenses and other current assets consist of the following:

 

   March 31,
2025
   December 31,
2024
 
Insurance expenses  $395,197   $509,428 
Administrative expenses   
    325,051 
Research and development expenses   240,818    
 
   $636,015   $834,479 

 

Accrued expenses and other current liabilities

 

Accrued expenses and other current liabilities consisted of the following:

 

   March 31,
2025
   December 31,
2024
 
Accrued research and development expenses  $4,043,237   $1,449,646 
Accrued compensation expenses   1,357,606    785,230 
Accrued legal expenses   377,279    58,767 
Accrued stock issuance expenses   400,000    
 
Accrued accounting fees   83,187    
 
   $6,261,309   $2,293,643