Current report filing

Note 12 - Accounts Payable, Accrued Liabilities and Other

v3.8.0.1
Note 12 - Accounts Payable, Accrued Liabilities and Other
 12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]
1
2
.
Accounts Payable,
Accrued
Liabilities and Other
 
Accounts payable at
December 31, 2016
and
2015
includes an aggregate of
$116,000
and
$7,000,
respectively, due to related parties related to director fees and MT scientific advisory board fees.
 
Accrued liabilities and other, including an aggregate of
$106,000
and
$83,000
due to related parties related to director fees and MT scientific advisory board fees, at
December 31, 2016
and
2015,
respectively, consist of the following:
 
 
   
2016
    
2015
  
Interest
   $
5,756,519
     $
478
  
Contracted services
    
1,194,678
      
1,636,167
  
Compensation
    
624,345
      
440,879
  
Royalties
    
663
      
275
  
Other
    
281,651
      
101,549
  
Total   $
7,857,856
     $
2,179,348
  
 
Accounts payable in the amount of
$1,957,938
and
$242,220
as of
December 31, 2016
and
2015,
respectively, have been reclassified to current liabilities associated with discontinued operations.
  Accrued liabilities in the amount of
$607,659
and
$859,365
as of
December 31, 2016
and
2015,
respectively, have also been reclassified to current liabilities associated with discontinued operations.  See Note
3.