7. Other Current Assets

12 Months Ended

Dec. 31, 2013

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

7. Other Current Assets

As of December 31, 2013 and 2012 other current assets included the following:

	December 31,		December 31,
	2013		2012
Deferred financing costs	$	44,986	$	17,032
Prepaid expenses		–		1,743
Other receivable		51,250		–
Security deposits		9,878		3,252
	$	106,114	$	22,027

The Company recognized $79,123 and $25,849 of amortization expense related to the deferred financing costs during the years ended December 31, 2013 and 2012, respectively.