Prepayments and Other Current Assets

12 Months Ended

Dec. 31, 2020

Prepayments And Other Current Assets

Prepayments and Other Current Assets

4. Prepayments and Other Current Assets

Prepayments and other current assets are summarized as follows:

	As of December 31,
	2020		2019
Prepaid expenses	$	3,400,080	$	3,370,757
Prepaid software license		378,488		89,822
Refundable income and franchise taxes		733,553		733,553
Security deposits		92,494		96,135
Other receivables		62,648		20,468
	$	4,667,263	$	4,310,735