Annual report pursuant to Section 13 and 15(d)

PREPAID EXPENSES

v2.4.1.9
PREPAID EXPENSES
 12 Months Ended
Dec. 31, 2014
Prepaid Expense And Other Assets [Abstract]  
PREPAID EXPENSES

NOTE 4. PREPAID EXPENSES

Prepaid expenses consisted of the following as of December 31, 2014 and 2013:

 

 

 

2014

 

 

2013

 

Professional services

 

$

21,863

 

 

$

5,436

 

Insurance

 

 

16,612

 

 

 

12,579

 

Dues & Subscriptions

 

 

14,562

 

 

 

—

 

IT system

 

 

9,304

 

 

 

8,923

 

Travel

 

 

8,587

 

 

 

—

 

Trade show expense

 

 

7,000

 

 

 

—

 

Rent

 

 

1,989

 

 

 

175

 

Other prepaid expenses

 

 

523

 

 

 

147

 

Property taxes

 

 

—

 

 

 

3,325

 

Inventory costs

 

 

—

 

 

 

2,520

 

Regulatory compliance expenses

 

 

—

 

 

 

1,868

 

Total prepaid expenses

 

$

80,440

 

 

$

34,973