Prepaid Expenses and Accrued Expenses

6 Months Ended

Jun. 30, 2022

Prepaid Expenses and Accrued Expenses [Abstract]

Prepaid Expenses And Accrued Expenses

NOTE 4. PREPAID EXPENSES AND ACCRUED EXPENSES

As of June 30, 2022 and December 31, 2021, the Company had $9.6 million and $13.8 million, respectively, of prepaid expenses and other current assets on its unaudited condensed consolidated balance sheets, which was almost entirely related to prepaid insurance as of both dates.

The Company’s accrued expenses consisted of the following as of the dates indicated (amounts in thousands):

	June 30, 2022		December 31, 2021
Taxes	$	5,177	$	-
Legal		567		100
Accounting and audit		67		153
Other		-		4
Total accrued expenses	$	5,811	$	257