Quarterly report pursuant to Section 13 or 15(d)

Prepaid Expenses And Other Current Assets

v2.4.1.9
Prepaid Expenses And Other Current Assets
3 Months Ended
Mar. 31, 2015
Prepaid Expenses and Other Current Assets [Abstract]  
Prepaid Expenses and Other Current Assets

4.  Prepaid Expenses and Other Current Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31,

December 31,

 

 

2015

2014

 

 

 

 

 

 

Deposits on contracts

 

$

448,665 

$

369,811 

Prepaid expenses and other assets

 

 

542,362 

 

361,176 

 

 

 

 

 

 

 

 

$

991,027 

$

730,987 

 

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.