December 31, 2015

December 31, 2014

Deferred Tax Assets:

Current

 Net operating loss carry forward - Federal

$

4,338,979

$

2,851,493

  Net operating loss carry forward - State

598,096

343,854

  Contribution carry forward

199

199

  Stock-based compensation

225,162

196,495

  Accrued liabilities and deferred rent

1,519

15,139

Total current deferred tax assets

5,163,955

3,407,180

Noncurrent

  Depreciation

(16,533)

(117,275)

  Amortization

--

272,507

Total noncurrent deferred tax (liabilities)/assets

(16,533)

155,232

Total net deferred tax assets

5,147,422

3,562,412

Valuation allowance for deferred tax asset

(5,147,422)

(3,562,412)

Total deferred tax assets

$

-

$

-