Quarterly report pursuant to Section 13 or 15(d)

Other Current Assets

v3.5.0.2
Other Current Assets
 6 Months Ended
Jun. 30, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Current Assets

4. OTHER CURRENT ASSETS

 

Other current assets consist of the following as of June 30, 2016 and December 31, 2015:

 

    June 30, 2016     December 31, 2015  
             
Other receivables, net of reserve of $150,000 as of June 30, 2016 and December 31, 2015   $ 1,301,772     $ 1,232,555  
Security deposits and prepaid expenses     452,758       191,253  
Pre-paid Cost (Work in Process)     581,482       623,798  
TOTAL   $ 2,336,012     $ 2,047,606