XML 51 R42.htm IDEA: XBRL DOCUMENT v3.8.0.1
Summary of Significant Accounting Policies (Details Textual) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Summary of Significant Accounting Policies (Textual)      
Federal deposit insurance corporation limits $ 250,000    
U.S. government aggregated amount 2,808,182   $ 3,546,529
Advertising expenses 21,766 $ 29,057  
Stock-based compensation $ 71,048 $ 46,763  
Concentration risk percentage, description
Sales to significant customers that amounted to 10% or more of total product sales.
   
Property, plant and equipment, description The facility we have constructed to produce the active pharmaceutical ingredient, Nisin, is being depreciated over 39 years from when a certificate of occupancy was issued during the fourth quarter of 2017. We are evaluating the estimated useful lives of the assets included in construction in progress since they were not placed in service as of March 31, 2018. Significant repairs to fixed assets that benefit more than a current period are capitalized and depreciated over their useful lives.