Accounts Payable and Accrued Expenses

12 Months Ended

Dec. 31, 2014

Payables and Accruals [Abstract]

Accounts Payable and Accrued Expenses

Accounts Payable and Accrued Expenses

The following schedule presents the details of accounts payable and accrued expenses as of December 31, 2014 and 2013:

	2014		2013
Accounts payable	$	1,080,167	$	1,808,335
Accrued payroll and related costs	2,211,565		3,878,131
Accrued consulting and professional fees	157,500		50,000
Royalty liability	175,000		164,000
State & local taxes payable	8,508		23,300
Other accrued expenses	285,753		865,508
Total accounts payable and accrued expenses	$	3,918,493	$	6,789,274