XML 426 R21.htm IDEA: XBRL DOCUMENT v3.20.4
Investor Demand Payable
12 Months Ended
Dec. 31, 2018
Investor Demand Payable  
Investor Demand Payable

14. Investor Demand Payable

 

As of December 31, 2017, the investor demand payable represents funds received on January 4, 2018, pursuant to a private placement of the Company’s common stock sold for total gross proceeds of $3,000,000. The cash was received prior to December 31, 2017 and was classified as restricted cash on the December 31, 2017 balance sheet and then subsequently reclassified to cash in January 2018 upon completion of the private placement (see Note 17).