PREPAID EXPENSES AND OTHER CURRENT ASSETS

6 Months Ended

Jun. 30, 2024

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

PREPAID EXPENSES AND OTHER CURRENT ASSETS

NOTE 3. PREPAID EXPENSES AND OTHER CURRENT ASSETS

As of June 30, 2024 and December 31, 2023, the prepaid expenses and other current assets of the Company consisted of the following:

	June 30, 2024		December 31, 2023
Prepaid research and development	$	257,218	$	46,320
Prepaid value-added taxes		241,269		243,429
Prepaid insurance		375,215		149,559
Prepaid other		81,192		62,036
Deferred offering costs (see Note 7)		763,173		567,603
Franchise tax receivable		38,258		79,258
R&D tax incentive receivable		261,058		145,349
Total prepaid expenses and other current assets	$	2,017,383	$	1,293,554