v3.19.3
Note 11 - Related-party Transactions
6 Months Ended
Jun. 30, 2019
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
Note
11.
 Related-Party Transactions
 
At
June 30, 2019,
the Company had
$5.5
million aggregate principal amount of outstanding convertible notes issued to a significant shareholder. ‘
Note
6
– Term Loans and Convertible Promissory Notes’
.
 
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
six
months ended
June 30, 2019.