7. Other Current Assets

12 Months Ended

Dec. 31, 2014

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

Other Current Assets

As of December 31, 2014 and 2013 other current assets included the following:

	December 31,		December 31,
	2014		2013
Deferred financing costs	$	54,729	$	44,986
Other receivable		–		51,250
Security deposits		9,878		9,878
	$	64,607	$	106,114

The Company recognized $422,451 and $79,123 of amortization expense related to the deferred financing costs during the years ended December 31, 2014 and 2013, respectively.