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Other assets
6 Months Ended
Jun. 30, 2022
Other assets  
Other assets

Other assets

 

(in €)

 

As of

June 30, 2022

(unaudited)

 

 

As of

December 31,

2021

 

 

 

 

 

 

 

 

Non-current other assets

 

 

 

 

 

 

Prepaid expense

 

 

341,666

 

 

 

336,566

 

Total

 

 

341,666

 

 

 

336,566

 

Current other assets

 

 

 

 

 

 

 

 

Prepayments on research & development projects

 

 

8,785,786

 

 

 

10,649,174

 

Current tax assets

 

 

1,518,072

 

 

 

1,282,177

 

Prepaid expense

 

 

1,343,166

 

 

 

334,284

 

Other

 

 

1,645

 

 

 

-

 

Total

 

 

11,648,669

 

 

 

12,265,635

 

 

Prepaid expense mainly consisted of prepaid insurance expense.

 

As of June 30, 2022, prepayments on research & development (R&D) projects amounted to €8.8 million compared to €10.6 million as of December 31, 2021, and consisted of prepayments on clinical and R&D material production contracts.