XML 34 R24.htm IDEA: XBRL DOCUMENT v3.10.0.1
Accrued Expenses (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2018
Dec. 31, 2017
Accrued Expenses [Abstract]    
Schedule of accrued expenses

  June 30,
2018
  December 31,
2017
 
Accrued licensing agreement fees $65,000  $120,000 
Accrued services (1)  1,118,872   600,339 
Accrued issuance costs  30,933   28,083 
Accrued payroll  256,926   223,195 
Advances     50,000 
Other (2)  6,947    
  $1,478,678  $1,021,617 

 

(1)

The accrued services related to legal and other service costs in the amount of $1,029,069 and $89,803 as of June 30, 2018, respectively, and $553,037 and $47,302 as of December 31, 2017, respectively. Legal costs in 2017 were largely associated with the Acquisition, and legal costs in 2018 related largely to the issuance of our convertible notes and other securities matters.

  
(2)Accrued expenses include an obligation to issue stock options to a consultant that has met vesting requirements as of June 30, 2018 in the amount of $6,947. See Note 10 – Stock-Based Compensation for further detail.
    2017     2016  
Accrued license fees   $ 120,000     $ 182,009  
Accrued services     600,339 (1)     31,186  
Accrued issuance costs     28,083       22,015  
Accrued payroll     223,195       28,252  
Advances     50,000        
Other           881  
    $ 1,021,617     $ 264,343  

  

(1) The 2017 accrued services related to legal and other service costs in the amount of $553,037 and $47,302, respectively, largely related to costs associated with the Acquisition.