| PREPAID EXPENSES |
NOTE 7 – PREPAID EXPENSES Prepaid expenses are as follows: | | | | | | | | | September 30, | | December 31, | | | 2023 | | 2022 | Prepaid R&D costs | | $ | 383,390 | | $ | 383,390 | Prepaid insurance | | | 56,211 | | | 508,084 | Prepaid expense | | | 20,250 | | | 8,500 | Total | | $ | 459,851 | | $ | 899,974 | Less: Short-term portion | | | (159,851) | | | (516,584) | Long-term portion | | $ | 300,000 | | $ | 383,390 |
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NOTE 8 – PREPAID EXPENSES Prepaid expenses are as follows: | | | | | | | | | December 31, | | December 31, | | | 2022 | | 2021 | Prepaid R&D costs | | $ | 383,390 | | $ | 329,033 | Prepaid insurance | | | 508,084 | | | 684,191 | Prepaid expense | | | 8,500 | | | 2,250 | Total | | $ | 899,974 | | $ | 1,015,474 | Less: Short-term portion | | | (516,584) | | | (715,474) | Long-term portion | | $ | 383,390 | | $ | 300,000 |
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