WaveDancer, Inc. Annual report pursuant to Section 13 and 15(d)

11. Financial Statement Captions

12 Months Ended

Dec. 31, 2017

The following table summarizes the Company’s prepaid expenses and other current assets as of December 31, 2017 and 2016:

	2017		2016
Deferred costs of software sales	$	300,558	$	596,724
ISO 9001		15,427		18,166
Prepaid insurance		14,500		13,774
Prepaid rent		8,499		8,883
Other		29,642		26,009
Total	$	368,626	$	663,556

The following table summarizes the Company’s other current liabilities as of December 31, 2017 and 2016:

	2017		2016
Accrued costs of software sales	$	337,560	$	337,560
Accrued accounting and auditing expense		49,500		46,500
Other		24,427		12,021
Total	$	411,487	$	396,081