v3.19.3

Note 11 - Related-party Transactions | 6 Months Ended | 12 Months Ended
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Jun. 30, 2019 | Dec. 31, 2018
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 six months ended June 30, 2019. | Note 11. Related-Party Transactions In March 2018, September 2018, and December 2018, the Company issued Notes to the Company’s majority investors totaling $4.5 million as of December 31, 2018. These Notes accrue simple interest on the outstanding principal amount at the rate of 8% per annum. As of December 31, 2018, accrued interest on the Notes was $126,000 — for further details see the section above titled ‘Note 5 — Term Loans and Convertible Promissory Notes’.

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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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