Quarterly report pursuant to Section 13 or 15(d)

Prepaid Expenses And Other Current Assets

v3.19.2
Prepaid Expenses And Other Current Assets
6 Months Ended
Jun. 30, 2019
Prepaid Expenses And Other Current Assets [Abstract]  
Prepaid Expenses And Other Current Assets

4.  Prepaid Expenses and Other Current Assets





 

 

 

 

 



 

June 30,

December 31,



 

2019

2018



 

 

 

 

 

Deposits on contracts

 

$

370,942 

$

618,417 

Prepaid expenses and other current assets

 

 

662,099 

 

555,430 



 

 

 

 

 



 

$

1,033,041 

$

1,173,847 

 

Deposits on contracts consist of deposits on research and development contracts for services that had not been incurred as of the balance sheet date.  Prepaid expenses and other assets include prepaid general and administrative expenses, such as insurance, rent, investor relations fees and compensatory stock issued for services not yet incurred as of the balance sheet date.