Quarterly report pursuant to Section 13 or 15(d)

Prepaid Expenses And Other Current Assets

v3.5.0.2
Prepaid Expenses And Other Current Assets
6 Months Ended
Jun. 30, 2016
Prepaid Expenses and Other Current Assets [Abstract]  
Prepaid Expenses and Other Current Assets

4.  Prepaid Expenses and Other Current Assets





 

 

 

 

 



 

 

 

 

 



 

June 30,

December 31,



 

2016

2015



 

 

 

 

 

Deposits on contracts

 

$

199,697 

$

501,170 

Prepaid expenses and other current assets

 

 

796,386 

 

720,648 



 

 

 

 

 



 

$

996,083 

$

1,221,818 

 

Deposits on contracts consist of deposits on research and development contracts for services that had not been incurred as of the balance sheet date.  Prepaid expenses and other assets include prepaid general and administrative expenses, such as insurance, rent, investor relations fees and compensatory stock issued for services not yet incurred as of the balance sheet date.