Quarterly report pursuant to Section 13 or 15(d)

Deferred Revenue (Tables)

v3.4.0.3
Deferred Revenue (Tables)
 3 Months Ended
Mar. 31, 2016
Deferred Revenue Disclosure [Abstract]  
Schedule of Deferred Revenue

Deferred revenue consisted of the following:

 

 

 

March 31,

 

 

December 31,

 

 

 

2016

 

 

2015

 

Deferred revenue

 

 

1,455,020

 

 

$

1,851,618

 

Less: current portion

 

 

(1,455,020

)

 

 

(1,591,358

)

Long-term portion

 

$

—

 

 

$

260,260