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Prepaid and Accrued Expenses

11 Months Ended

Dec. 31, 2021

Prepaid And Accrued Expenses [Abstract]

Prepaid and Accrued Expenses

NOTE 5. PREPAID AND ACCRUED EXPENSES

As of December 31, 2021, the Company had $13.8 million of prepaid expenses on its consolidated balance sheet, which was almost entirely related to prepaid insurance. There were no prepaid expenses as of January 31, 2021.

The Company's accrued expenses consisted of the following:

		December 31, 2021				January 31, 2021
Accounting and audit		$	152,800			$	875
Legal costs			100,000				171,450
Employee related			4,687				-
Investor relations			-				2,323
Total accrued expenses		$	257,487			$	174,648

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Prepaid And Accrued Expenses.

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Prepaid and accrued expenses disclosure.

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