v3.26.1
PREPAID EXPENSES
3 Months Ended
Mar. 31, 2026
Prepaid Expenses  
PREPAID EXPENSES

9. PREPAID EXPENSES

 

Prepaid expenses and other current assets consist of the following:

 

  

March 31,

2026

  

December 31,

2025

 
Supplier advances for venom  $406,472   $406,472 
Reserve for supplier advances   (406,472)   (406,472)
Net supplier advances   -    - 
Prepaid stock based compensation (see Note 7)   3,083    3,333 
Prepaid professional fees   59,199    31,999 
Total  $62,282   $35,332 

 

We performed an evaluation of our supplier advances for venom at March 31, 2026 and December 31, 2025, and determined full reserves were necessary.