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Prepaid Expenses and Other Current Assets | 12 Months Ended
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Dec. 31, 2025
Prepaid Expenses and Other Current Assets |
Prepaid Expenses and Other Current Assets | Note 5 – Prepaid Expenses and Other Current Assets As of December 31, 2025 and 2024, prepaid expenses and other current assets consisted of the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31,
​ | ​ ​ ​ | 2025 | ​ ​ ​ | 2024
Payroll tax receivable | ​ | $ | 262,085 | ​ | $ | 288,705
Prepaid insurance expenses | ​ | ​ | 135,856 | ​ | ​ | 148,117
Prepaid general and administrative expenses | ​ | ​ | 137,422 | ​ | ​ | 61,610
Prepaid patent expenses | ​ |  | 65,414 | ​ |  | 49,967
Other | ​ | ​ | 201,565 | ​ | ​ | 97,337
Total prepaid expenses and other current assets | ​ | $ | 802,342 | ​ | $ | 645,736
​ As of December 31, 2024, the Company wrote off $0.7 million of prepaid regulatory expenses, due to the uncertainty associated with the Company’s clobetasol propionate and Mydcombi products and its exploration of strategic alternatives.

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