Annual report pursuant to Section 13 and 15(d)

Accrued Expenses (Tables)

v3.23.1
Accrued Expenses (Tables)
12 Months Ended
Dec. 31, 2022
Payables And Accruals [Abstract]  
Schedule of Accrued Expenses

As of December 31, 2022 and 2021, accrued expenses consisted of the following:

 

 

 

December 31,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Bonus

 

$

1,094,582

 

 

$

384,750

 

Professional fees

 

 

332,589

 

 

 

380,277

 

Research and development costs

 

 

516,961

 

 

 

268,140

 

Deferred compensation to former officers

 

 

 

 

 

111,271

 

Other

 

 

159,269

 

 

 

41,157

 

Total accrued expenses

 

$

2,103,401

 

 

$

1,185,595