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v3.22.1

Prepaid expenses and other current assets (Tables) | 12 Months Ended
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Dec. 31, 2021
Prepaid expenses and other current assets [Abstract] |
Prepaid Expenses | Prepaid expenses are analyzed as follows:
|  | December 31, 2021 |  |  | December 31, 2020 |
Prepaid insurance expenses |  | $ | 354,978 |  |  | $ | 383 |
Prepaid research expenses |  |  | 494,813 |  |  |  | - |
Prepaid rent expenses |  |  | 98,520 |  |  |  | - |
Other prepaid expenses |  |  | 191,783 |  |  |  | 1,341 |
Total |  | $ | 1,140,094 |  |  | $ | 1,724 |
Other Current Assets | Other current assets are analyzed as follows:
|  | December 31, 2021 |  |  | December 31, 2020 |
VAT receivable |  | $ | 980,518 |  |  | $ | 259,831 |
Withholding tax |  |  | 108,350 |  |  |  | - |
Grant receivable |  |  | 509,399 |  |  |  | 95,064 |
Purchases under receipt |  |  | 274,330 |  |  |  | 24,488 |
Guarantees |  |  | 24,234 |  |  |  | - |
Other receivables |  |  | 2,835,833 |  |  |  | 115,638 |
|  | $ | 4,732,664 |  |  | $ | 495,021 |

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