Annual report pursuant to Section 13 and 15(d)

7. Prepaid Expenses and Other Current Assets

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7. Prepaid Expenses and Other Current Assets
12 Months Ended
Dec. 31, 2015
Pro forma financial information  
7. Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets at December 31, 2015 and 2014 are as follows:

 

    December 31,     December 31,  
    2015     2014  
             
Insurance   $ 93,040     $ 61,004  
Rent     101,916       54,209  
Marketing     109,455       34,482  
Software subscriptions     498,078       502,696  
Due from seller of Fidelity     425,963       -  
Due from factoring party     26,018       -  
Commissions     20,805       23,015  
Other     343,328       252,366  
    $ 1,618,603     $ 927,772