Prepaid Expenses and Other Current Assets

6 Months Ended

Jun. 30, 2015

Text Block [Abstract]

Prepaid Expenses and Other Current Assets

4. Prepaid Expenses and Other Current Assets.

Prepaid expenses consist of the following:

	June 30, 2015		December 31, 2014
Insurance recoverable (see Notes 6 and 7)	$	—	$	3,500,000
Prepaid research fees		411,842		571,428
Prepaid insurance		193,295		385,496
Prepaid subscription fees		65,269		30,495
Prepaid offering costs		—		20,029
Prepaid rent		—		10,870
Prepaid pre-commercialization expenses		153,607		—
Other		37,255		34,380
Total prepaid expenses and other current assets	$	861,268	$	4,552,698