OTHER CURRENT ASSETS (Tables)

3 Months Ended

Mar. 31, 2013

Other Current Assets Tables

Schedule of Other Current Assets

Other current assets consist of the following:

	March 31, 2013		December 31, 2012
Deferred financing costs	$	1,447,969	$	—
Prepaid consulting		410,042		432,216
Deposits with vendors		232,752		189,375
Prepaid insurance		81,760		127,403
Prepaid guaranty costs		—		2,944
Other prepaid costs		2,997		—
TOTAL OTHER CURRENT ASSETS	$	2,175,520	$	751,938