Quarterly report pursuant to Section 13 or 15(d)

Accounts Payable and Accrued Expenses

v2.4.1.9
Accounts Payable and Accrued Expenses
 3 Months Ended
Mar. 31, 2015
Accounts Payable and Accrued Expenses  
Accounts Payable and Accrued Expenses

 

6.Accounts Payable and Accrued Expenses

 

Accounts payable and accrued expenses consists of the following:

 

 

 

March 31,
2015

 

December 31,
2014

 

Accounts payable

 

$
1,966,422 

 

$
1,160,859 

 

Miscellaneous accruals

 
194,985 

 
105,315 

 

Accrued compensation

 
1,261,865 

 
1,165,020 

 

Accounts Payable and Accrued Expenses 

 

$
3,423,272 

 

$
2,431,194