| Summary of prepaid and other current assets |
|
September 30,
2013
|
|
|
December 31,
2012
|
|
Prepaid consulting fees |
|
$ |
427,240 |
|
|
$ |
181,849 |
|
Prepaid compensation |
|
|
348,309 |
|
|
|
311,090 |
|
Receivable New York State Energy Research and Development Authority |
|
|
15,502 |
|
|
|
- |
|
Other prepaid expenses and other current assets |
|
|
200,207 |
|
|
|
78,170 |
|
Subtotal |
|
|
991,258 |
|
|
|
571,109 |
|
Less: non current portion |
|
|
(358,620 |
) |
|
|
(213,797 |
) |
Prepaid and other
current assets |
|
$ |
632,638 |
|
|
$ |
357,312 |
|
|
| |
|
December 31, 2012 |
|
|
December 31, 2011 |
|
Prepaid consulting fees |
|
$ |
181,849 |
|
|
$ |
147,648 |
|
Prepaid compensation |
|
|
311,090 |
|
|
|
- |
|
Receivable from Target |
|
|
34,475 |
|
|
|
- |
|
Sundry prepaid expenses and other current assets |
|
|
43,695 |
|
|
|
9,610 |
|
Subtotal |
|
|
571,109 |
|
|
|
157,258 |
|
Less: non current portion |
|
|
(213,797 |
) |
|
|
( - |
) |
Prepaid and other current assets |
|
$ |
357,312 |
|
|
$ |
157,258 |
|
|