Quarterly report pursuant to Section 13 or 15(d)

Accrued Expenses

v3.24.2.u1
Accrued Expenses
6 Months Ended
Jun. 30, 2024
Payables and Accruals [Abstract]  
Accrued Expenses

3. ACCRUED EXPENSES

As of June 30, 2024 and December 31, 2023 accrued expenses consisted of the following:

 

 

 

June 30,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Bonus

 

$

448,443

 

 

$

786,999

 

Professional fees

 

 

85,621

 

 

 

77,942

 

Research and development costs

 

 

991,260

 

 

 

998,838

 

Accrued severance

 

 

404,834

 

 

 

824,435

 

Other

 

 

317,129

 

 

 

610,393

 

Total accrued expenses

 

$

2,247,287

 

 

$

3,298,607