Annual report pursuant to Section 13 and 15(d)

Other Current Assets

v3.24.1
Other Current Assets
12 Months Ended
Dec. 31, 2023
Other Current Assets [Abstract]  
OTHER CURRENT ASSETS

NOTE 3 – OTHER CURRENT ASSETS

 

Other current assets consist of the following:

 

    Years Ended
December 31,
 
    2023     2022  
Prepaid insurance   $ 1,035,071     $ 782,538  
Advance to vendors     442,727       323,698  
Deferred offering costs     -       145,293  
Contract asset     819,107       -  
VAT input credit     232,048       -  
Receivables from employees     40,117       -  
Other prepaid expenses and current assets     398,549       498,084  
Total other current assets   $ 2,967,619     $ 1,749,613