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Prepaid Expenses and Other Current Assets, Net (Tables)
6 Months Ended
Jun. 30, 2022
Prepaid Expense and Other Assets, Current [Abstract]  
Schedule of prepaid expenses and other current assets

The following table presents the components of prepaid expenses and other current assets, net, as of:

 

 

June 30,
2022

 

 

December 31,
2021

 

Prepaid insurance

 

$

525,318

 

 

$

1,586,768

 

Prepaid inventory

 

 

1,238,963

 

 

 

1,009,954

 

Prepaid subscriptions and license fees

 

 

516,425

 

 

 

455,781

 

Prepaid, other

 

 

252,422

 

 

 

240,657

 

Prepaid advertising

 

 

169,275

 

 

 

253,750

 

Other current assets

 

 

248,689

 

 

 

459,633

 

Total prepaid and other assets

 

 

2,951,092

 

 

 

4,006,543

 

Reserve for prepaid inventory

 

 

(179,000

)

 

 

(179,000

)

Prepaid and other assets, net

 

$

2,772,092

 

 

$

3,827,543