Prepaid Expenses and Other Current Assets

6 Months Ended

Jun. 30, 2012

Prepaid Expenses [Abstract]

Prepaid Expenses and Other Current Assets

Prepaid Expenses and Other Current Assets:

Prepaid expenses and other current assets consist of the following:

	June 30, 2012		December 31, 2011
Advance payment to suppliers	$	362,718	$	290,373
Prepaid income taxes	—		76,557
Certificates of deposit - restricted	83,419		83,598
Prepaid insurance and other	491,167		172,760
	$	937,304	$	623,288

At June 30, 2012 and December 31, 2011, the Company held certificates of deposit in the amounts of approximately $83,000 and $84,000, respectively, which were pledged to secure surety bonds.