Annual report [Section 13 and 15(d), not S-K Item 405]

Accrued Expenses (Tables)

v3.25.1
Accrued Expenses (Tables)
12 Months Ended
Dec. 31, 2024
Payables And Accruals [Abstract]  
Schedule of Accrued Expenses

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

 

 

 

December 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Bonus

 

$

941,098

 

 

$

786,999

 

Professional fees

 

 

123,317

 

 

 

77,942

 

Research and development costs

 

 

1,035,355

 

 

 

998,838

 

Accrued severance

 

 

 

 

 

824,435

 

Other

 

 

217,832

 

 

 

610,393

 

Total accrued expenses

 

$

2,317,602

 

 

$

3,298,607