Quarterly report pursuant to sections 13 or 15(d)

4. Prepaid Expenses and Other Current Assets

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4. Prepaid Expenses and Other Current Assets
9 Months Ended
Sep. 30, 2013
Notes to Financial Statements  
4. Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consist of the following at September 30, 2013 and December 31, 2012:

 

    September 30, 2013     December 31, 2012  
    (unaudited)        
Prepaid insurance   $ 79,525     $ 44,390  
Due from purchaser of accounts receivable     236,959       648,428  
Other prepaid expenses     242,572       308,631  
Total   $ 559,056     $ 1,001,449