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Related Party Transactions
12 Months Ended
Dec. 31, 2017
Disclosure of related party [Abstract]  
Related Party Transactions
Related Party Transactions

Compensation of Key Management Personnel
Key management personnel are those persons having authority and responsibility for planning, directing and controlling our activities as a whole. We have determined that key management personnel consists of the members of the Board of Directors along with certain officers of the Company.

2017
$
2016
$
2015
$
Short-term employee compensation and benefits
2,596,082

2,753,553

2,941,342

Termination benefits
779,666

1,330,828


Share-based payments
459,298

372,008

353,419


3,835,046

4,456,389

3,294,761



Assumption Agreement
In November 2017, with the signing of a regional licensing agreement with upfront license fees (see Note 10), the Company triggered a liability of US$178,125 to an officer as detailed in the Assumption Agreement (see Note 12). As at December 31, 2017, US$178,125 was included in accounts payable and accrued liabilities. US$35,625 was paid in January 2018 and the balance will be paid after receipt of the contract receivable from Adlai.