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Prepaid Expenses And Other Current Assets
12 Months Ended
Dec. 31, 2014
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:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2014

 

December 31, 2013

 

 

 

 

Prepaid expenses

$        679,740

 

$       591,305

Deferred financing costs

492,385 

 

622,949 

Deposits

311,562 

 

692,616 

Deferred cost of revenue

 -

 

72,699 

Total prepaid expenses and other assets

1,483,687 

 

1,979,569 

Less: Noncurrent prepaid expenses and other assets

(388,850)

 

(499,613)

Total prepaid expenses and other current assets

$     1,094,837

 

$    1,479,956

 

Certain prior year amounts have been reclassified to conform to the 2014 presentation.