Quarterly report pursuant to Section 13 or 15(d)

Prepaid Expenses And Other Current Assets

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Prepaid Expenses And Other Current Assets
9 Months Ended
Sep. 30, 2017
Prepaid Expenses And Other Current Assets [Abstract]  
Prepaid Expenses And Other Current Assets

4.  Prepaid Expenses and Other Current Assets





 

 

 

 

 



 

 

 

 

 



 

September 30,

December 31,



 

2017

2016



 

 

 

 

 

Deposits on contracts

 

$

611,550 

$

179,476 

Prepaid expenses and other current assets

 

 

666,054 

 

429,041 



 

 

 

 

 



 

$

1,277,604 

$

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.