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Prepayments and Other Current Assets
 12 Months Ended
Dec. 31, 2019
Prepayments And Other Current Assets  
Prepayments and Other Current Assets

4. Prepayments and Other Current Assets

 

Prepayments and other current assets are summarized as follows:

 

    As of December 31,  
    2019     2018  
Prepaid expenses   $ 3,370,757     $ 637,281  
Prepaid software license     89,822       85,936  
Refundable income and franchise taxes     733,553       -  
Security deposits     96,135       25,812  
Other receivables     20,468       109,294  
    $ 4,310,735     $ 858,323