Prepaid Expenses and Other Current Assets
|12 Months Ended|
Dec. 31, 2019
|Prepaid Expense and Other Assets, Current [Abstract]|
|Prepaid Expenses and Other Current Assets||
Note 3 - Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consisted of the following at December 31, 2019 and 2018:
In December 2019, the Company renewed an insurance policy for $422,828, which is being financed through a third party premium financing company with a down payment of $42,283 recorded in accounts payable and accrued expenses on the consolidated balance sheets and a note payable of $380,545 issued for the remaining balance, payments are scheduled during 2020. In December 2018, the Company issued a note payable for $249,239 for insurance premiums, this note was repaid in 2019.