Quarterly report pursuant to Section 13 or 15(d)

Capital lease obligations (Tables)

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Capital lease obligations (Tables)
 6 Months Ended
Jun. 30, 2015
Capital Lease Obligations [Abstract]  
Schedule of Future minimum lease payments

Future minimum lease payments under the capital leases are as follows:

         
As of June 30, 2015   $ 742,090  
Less amount representing interest     (61,210 )
Total obligations under capital leases     680,880  
Less current portion of obligations under capital leases     (227,243 )
Long-term obligations under capital leases   $ 453,637  
Schedule of Long-term obligations under capital leases

Long-term obligations under capital leases at June 30, 2015 mature as follows:

         
For the Twelve Months Ending June 30,        
2016   $ 227,243  
2017     241,259  
2018     212,378  
    $ 680,880  
Details of assets held under the capital leases

The assets held under the capital leases are included in property and equipment as follows:

         
Equipment   $ 1,603,461  
Less: accumulated depreciation     1,309,127  
    $ 294,334