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Income Taxes
3 Months Ended
Mar. 31, 2013
Income Taxes  
Income Taxes

6. Income Taxes

 

During the year ended December 31, 2012 the Company recorded refundable tax credits in prepaid and other current assets for its (i) 2011 New York State QETC credit, totaling $250,000 and (ii) its New York City Biotechnology Tax Credit for the tax year of 2012 totaling $250,000. These credits have been recorded as other current assets at December 31, 2012 and March 31, 2013.