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Prepaid Expenses and Other Current Assets
9 Months Ended
Sep. 30, 2022
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 September 30, 2022 and December 31, 2021:

    

September 30,

    

December 31,

 

2022

2021

 

Prepaid development expenses

$

634,106

$

543,897

Prepaid insurance

 

2,186,026

 

1,952,867

Deferred financing costs

156,271

137,615

Other current assets

 

511,223

 

197,013

Total prepaid expenses and other current assets

$

3,487,626

$

2,831,392