| PREPAID EXPENSES AND OTHER CURRENT ASSETS |
NOTE 6 – PREPAID EXPENSES AND OTHER CURRENT
ASSETS
Prepaid expenses and other current assets consist of the following:
| Schedule of prepaid expenses and other current assets | |
| | |
| |
| | |
June 30, 2026 | | |
December 31, 2025 | |
| | |
| | |
| |
| Wafer fabrication deposits | |
$ | 618,500 | | |
$ | — | |
| Insurance | |
| 571,097 | | |
| 194,258 | |
| Deposits for equipment purchases | |
| 222,997 | | |
| 172,937 | |
| Software licenses | |
| 188,088 | | |
| 75,257 | |
| Deposits for conferences | |
| 53,287 | | |
| — | |
| Investor relations | |
| 54,485 | | |
| 6,127 | |
| Subscriptions | |
| 56,706 | | |
| 39,934 | |
| Rent | |
| 36,525 | | |
| 89,468 | |
| Deferred equity issuance costs | |
| 26,403 | | |
| — | |
| Other | |
| 66,723 | | |
| 23,120 | |
| | |
| | | |
| | |
| Prepaid Expenses | |
$ | 1,894,811 | | |
$ | 601,101 | |
| Accrued interest on marketable securities | |
| 254,288 | | |
| — | |
| | |
| | | |
| | |
| Prepaid expenses and other current assets | |
$ | 2,149,099 | | |
$ | 601,101 | |
|