Quarterly report pursuant to sections 13 or 15(d)

PREPAID EXPENSES

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PREPAID EXPENSES
3 Months Ended
Mar. 31, 2013
Notes to Financial Statements  
PREPAID EXPENSES

 

Prepaid expenses consist of the following at:

 

    March 31, 2013   December 31, 2012
Trade show expense   $ 5,880     $ 4,520  
Insurance     4,053       8,096  
Professional services     3,000       3,000  
IT system     2,285       9,065  
Property taxes     1,769       —    
Other prepaid expenses     1,090       2,757  
Rent     525       —    
Inventory costs     —         2,005  
     Total prepaid expenses   $ 18,602     $ 29,443