Quarterly report pursuant to sections 13 or 15(d)

Prepaid and Other Current Assets (Tables)

v2.4.0.8
Prepaid and Other Current Assets (Tables)
6 Months Ended
Jun. 30, 2013
Prepaid and Other Current Assets [Abstract]  
Summary of prepaid and other current assets

 

 

June 30,

2013

 

 

December 31,

2012

 

Prepaid consulting fees

 

$

321,386

 

 

$

181,849

 

Prepaid compensation

 

 

387,084

 

 

 

311,090

 

Receivable New York State Energy Research and Development Authority

 

 

154,002

 

 

 

-

 

Sundry prepaid expenses and other current assets

 

 

31,292

 

 

 

78,170

 

Subtotal

 

 

893,764

 

 

 

571,109

 

Less: non current portion

 

 

(238,277

)

 

 

(213,797

)

Prepaid and other current assets

 

$

655,487

 

 

$

357,312