Annual report pursuant to Section 13 and 15(d)

12. Financial Statement Captions (Tables)

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12. Financial Statement Captions (Tables)
 12 Months Ended
Dec. 31, 2018
Financial Statement Captions  
Financial statement captions

The following table summarizes the Company’s prepaid expenses and other current assets as of December 31, 2018 and 2017:

 

     2018      2017  
Deferred costs of software sales   $ 294,115     $ 300,558  
Other     37,609       29,642  
Credit with software supplier     37,557       -  
Prepaid insurance     15,499       14,500  
Prepaid rent     8,753       8,499  
ISO 9001     -       15,427  
Total   $ 393,533     $ 368,626  

 

The following table summarizes the Company’s other current liabilities as of December 31, 2018 and 2017:

 

     2018      2017  
Accrued accounting and auditing expense   $ 48,750     $ 49,500  
Accrued costs of software sales     13,500       337,560  
Other     19,235       24,427  
Total   $ 81,485     $ 411,487