Accounts Payable and Accrued Expenses

3 Months Ended

Mar. 31, 2015

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 March 31, 2015 and December 31, 2014:

	2015		2014
Accounts payable	$	1,162,925	$	1,080,167
Accrued payroll and related costs	2,407,900		2,211,565
Accrued consulting and professional fees	287,229		157,500
Royalty liability	104,000		175,000
State & local taxes payable	1,202		8,508
Other accrued expenses	124,775		285,753
Total accounts payable and accrued expenses	$	4,088,031	$	3,918,493