Prepaid Expenses and Other Current Assets

12 Months Ended

Dec. 31, 2019

Prepaid Expenses and Other Current Assets

Prepaid Expenses and Other Current Assets

(4)  Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following as of December 31, 2019 and 2018:

	December 31,		December 31,
	2019		2018
Prepaid development expenses	$	957,814	$	2,671,815
Prepaid insurance		841,858		393,451
Deferred financing costs		193,505		255,754
Other current assets		385,635		426,067
Total prepaid expenses and other current assets	$	2,378,812	$	3,747,087