Annual report pursuant to Section 13 and 15(d)

Prepaid Expenses And Other Current Assets

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Prepaid Expenses And Other Current Assets
12 Months Ended
Dec. 31, 2017
Prepaid Expenses And Other Current Assets [Abstract]  
Prepaid Expenses And Other Current Assets

4.  Prepaid Expenses and Other Current Assets





 

 

 

 

 



 

 

 

 

 



 

December 31,

December 31,



 

2017

2016



 

 

 

 

 

Deposits on contracts

 

$

793,940 

$

179,476 

Prepaid expenses and other current assets

 

 

510,601 

 

429,041 



 

 

 

 

 



 

$

1,304,541 

$

608,517 

 

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.