Table:
| December 31, |  |  |
| --- | --- | --- |
|  | 2019 | 2018 |
| Prepaid expenses | $1,948 | $1,179 |
| Securities litigation insurance receivable | 16,627 | 306 |
| Other current assets | 1,556 | 2,865 |
| Prepaid expenses and other current assets | $20,131 | $4,350 |
Paragraphs:
Note 7. Prepaid Expenses and Other Current Assets and Accrued and Other Current Liabilities
Prepaid expenses and other current assets as of December 31, 2019 and 2018 consisted of the following:
Question:
What is the average prepaid expenses paid in 2018 and 2019?
Answer: (1948 + 1179)/2  = 1563.5