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PREPAID EXPENSE AND OTHER CURRENT ASSETS
12 Months Ended
Dec. 31, 2024
Prepaid Expense And Other Current Assets  
PREPAID EXPENSE AND OTHER CURRENT ASSETS

NOTE 4 – PREPAID EXPENSE AND OTHER CURRENT ASSETS

 

Prepaid expense and other current assets amounted to $81,266 and $72,925 as of December 31, 2024, and December 31, 2023, respectively. Prepaid expenses in fiscal year 2023 consisted primarily of service fees related to the Company’s ongoing intellectual property expenses, necessary to ensure timely filings of patents, payment of fees and other intellectual property related expense and held in trust by the Intellectual Property advisors and IP attorneys, together with advances held in trust by a lawyer working on corporate funding. This remained broadly unchanged, carried forward to fiscal 2024. The Company also recorded a total of $8,300 advanced to one employee, neither an officer nor a director of the Company.