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Prepaid Expenses And Other Current Assets
3 Months Ended
Mar. 31, 2012
Prepaid Expenses And Other Current Assets [Abstract]  
Prepaid Expenses And Other Current Assets

4. Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consist of the following:

 

March 31,

December 31,

2012

2011

Prepaid expenses

$690,934

$460,297

Deferred cost of revenue

440,875

         289,312

Other assets

   2,284,931

      2,331,875

Total prepaid expenses and other current assets

$3,416,740

$3,081,484

 

Deferred cost of revenue represents the cost of systems for which title has transferred from the Company but for which revenue has not been recognized.