Amortization of prepaid license fees is included in general and administrative expenses as reflected in the accompanying consolidated statements of operations. Amortization expense for the six months ended June 30, 2015 was $111,110. Prepaid license fees – current and long-term portion amounted to $222,222 and $1,876,344 at June 30, 2015, respectively, and are included in prepaid expenses. Future amortization of prepaid license fees is as follows: