Prepaid Expenses and Other Current Assets

6 Months Ended

Jun. 30, 2017

Prepaid Expenses and Other Current Assets [Abstract]

PREPAID EXPENSES AND OTHER CURRENT ASSETS

6. PREPAID EXPENSES AND OTHER CURRENT ASSETS

Prepaid expenses and other current assets consisted of the following:

	As of June 30, 2017		As of December 31, 2016		Increase (Decrease)
Prepaid expenses	$	240,509	$	126,523	$	113,986
Other receivables		93,008		144,848		(51,840	)
Security deposits(1)		45,430		333,111		(287,681	)
Total	$	378,947	$	604,482	$	(225,535	)

⁽¹⁾ This balance as of December 31, 2016 included an option payment of $20,500 towards land (which we did not exercise) that was subsequently applied to the purchase of a warehouse facility during the first quarter of 2017.