Quarterly report pursuant to Section 13 or 15(d)

Accrued Expenses

v3.21.2
Accrued Expenses
9 Months Ended
Sep. 30, 2021
Payables and Accruals [Abstract]  
ACCRUED EXPENSES

NOTE 5 - ACCRUED EXPENSES

 

Accrued expenses consisted of the following (rounded to nearest $00):

 

    September 30,
2021
    December 31,
2020
 
Research and development   $ 3,977,500     $ 2,183,800  
Professional fees     174,200       150,900  
Accrued bonus     867,000       1,444,900  
Accrued vacation     413,500       351,200  
Other     106,600       126,200  
Total   $ 5,538,800     $ 4,257,000