PREPAID EXPENSES AND OTHER CURRENT ASSETS (Details) - USD ($) |
Mar. 31, 2024 |
Dec. 31, 2023 |
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PREPAID EXPENSES AND OTHER CURRENT ASSETS | ||
Upfront research payments | $ 535,621 | $ 146,851 |
Accrued interest and other receivables | 76,805 | 78,637 |
Insurance | 302,423 | 482,297 |
Consultants | 21,535 | |
License fees | 80,588 | 30,472 |
Deferred financing costs | 195,632 | |
Miscellaneous | 23,532 | 33,217 |
Total prepaid expenses and other current assets | $ 1,018,969 | $ 988,641 |
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- Definition Amount of asset related to consideration paid in advance for consultants that provide economic benefits within a future period of one year or the normal operating cycle, if longer. No definition available.
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- Definition Amount of asset related to consideration paid in advance for license fee that provide economic benefits within a future period of one year or the normal operating cycle, if longer. No definition available.
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- Definition Amount of asset related to consideration paid in advance for upfront research payments that provide economic benefits within a future period of one year or the normal operating cycle, if longer. No definition available.
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- Definition Sum of the carrying amounts as of the balance sheet date of deferred costs capitalized at the end of the reporting period that are expected to be charged against earnings within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Carrying amount as of the balance sheet date of interest earned but not received. Also called accrued interest or accrued interest receivable. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of asset related to consideration paid in advance for other costs that provide economic benefits within a future period of one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Amount of asset related to consideration paid in advance for insurance that provides economic benefits within a future period of one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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