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7. Other Current Assets
9 Months Ended
Sep. 30, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Current Assets

As of September 30, 2015 and December 31, 2014 other current assets included the following:

 

   September 30,   December 31, 
   2015   2014 
Deferred financing costs  $156,903   $54,729 
Security deposits   9,878    9,878 
   $166,781   $64,607 

 

The Company recognized $269,731 and $317,789 of amortization expense related to the deferred financing costs during the nine months ended September 30, 2015 and 2014, respectively.