OTHER CURRENT ASSETS

12 Months Ended

Dec. 31, 2015

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

OTHER CURRENT ASSETS

NOTE 4 – OTHER CURRENT ASSETS

Other current assets consist of the following:

	December 31,
	2015		2014
Prepaid insurance	$	695,421	$	394,878
Prepaid research and development costs		674,353		299,498
Other prepaid costs		369,812		181,186
Prepaid consulting		334,822		411,864
Prepaid vendor deposits		159,489		—
Other receivables-related party (Note 12)		—		249,981
TOTAL OTHER CURRENT ASSETS	$	2,233,897	$	1,537,407