Prepaid Expenses and Other Current Assets

3 Months Ended

Mar. 31, 2013

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:

	March 31, 2013		December 31, 2012
Advance payment to suppliers	$	466,228	$	223,267
Prepaid income taxes	282,620		303,983
Certificates of deposit - restricted	83,547		85,357
Prepaid insurance and other	422,769		220,851
	$	1,255,164	$	833,458

At March 31, 2013 and December 31, 2012, the Company held certificates of deposit in the amounts of approximately $84,000 and $85,000, respectively, which were pledged to secure surety bonds.