Annual report pursuant to Section 13 and 15(d)

PREPAID EXPENSES (Tables)

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