v3.19.3

Note 13 - Related-party Transactions | 9 Months Ended
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Sep. 30, 2019
Notes to Financial Statements |
Related Party Transactions Disclosure [Text Block] | Note 13. Related-Party Transactions At September 30, 2019, the Company had $6.4 million aggregate principal amount of outstanding convertible notes issued to a significant shareholder. ‘ Note 7 - Term Loans and Convertible Promissory Notes’ . Interest expense associated with related party notes was $122,000 and $31,000 for the three months ended September 30, 2019 and 2018, respectively, and $325,000 and $62,000 for the nine months ended September 30, 2019 and 2018, respectively. In connection with the Merger, Alliqua’s existing CEO resigned from the company and received severance pay of $1,091,000. As such amounts were accrued by Alliqua prior to the Merger, this severance payment had no impact to our condensed consolidated statement of operations for the three and nine months ended September 30, 2019.

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 + Details
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