Accrued expenses

12 Months Ended

Dec. 31, 2016

Accrued expenses

Accrued expenses

11. Accrued expenses

The following are the components of accrued expenses:

	December 31,
	2016		2015
Bonus	$	611,228	$	710,739
Deferred revenue(*)		881,715		688,418
Deferred incentive(**)		1,087,591		950,000
Other(***)		2,773,201		4,089,443
Total accrued expenses	$	5,353,735	$	6,438,600

(*)          Current deferred revenue will be recognized as revenue ratably over the next 12 months. As of December 31, 2016, included in the balance sheet classification “Other long-term liabilities” is the non-current portion of deferred revenue in the amount of $0.7 million. The long-term portion of deferred revenue as of December 31, 2015 was approximately $0.6 million.

(**)        As of December 31, 2016, the Company recorded approximately $1.1 million in short-term incentives in relation to future obligations under a contract.  As of December 31, 2016 and 2015, included in the balance sheet classification “Other long-term liabilities” is the non-current portion of these incentives of approximately $0.1 million and $0.7 million, respectively.

(***)      As of December 31, 2016 and 2015, included in “other” were third party referral commissions of approximately $0.6 million and $1.6 million, respectively.  No other amount included in “Other” exceeded 10% of total current liabilities.