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Research and Development Grant
3 Months Ended
Mar. 31, 2016
Research and Development Grant  
Research and Development Grant

10. Research and Development Grant

 

In March 2016, the Company received an A$992 ($744) Research & Development (“R&D”) Tax Incentive refund, net of costs to prepare and file, paid under the Australian Government’s R&D Tax Incentive Program, a program designed to encourage industry to engage in R&D activities that benefit Australia.  This refund is related to costs we incurred during the 2014 fiscal year for qualifying R&D programs.