Quarterly report pursuant to Section 13 or 15(d)

PREPAID EXPENSES

v3.22.2.2
PREPAID EXPENSES
9 Months Ended
Sep. 30, 2022
Prepaid Expenses  
PREPAID EXPENSES

NOTE 4 – PREPAID EXPENSES

 

Prepaid expenses amounted to $109,765 and $146,935, at September 30, 2022 and December 31, 2021, respectively. Prepaid expenses include prepayments in cash for rent, insurance and software license fees which are being amortized over the terms of the respective agreement. The current portion consists of costs paid for future services which will occur within a year.