Annual report pursuant to Section 13 and 15(d)

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, 2017
Notes to Financial Statements  
Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]
1
2
.
Accounts Payable,
Accrued
Liabilities and Other
 
A
ccounts payable at
December 31, 2017
and
2016
includes an aggregate of
$0
and
$116,000,
respectively, due to related parties for director fees and MT scientific advisory board fees.
 
Accrued liabilities and other
, including an aggregate of
$52,000
and
$106,000
due to related parties for director fees and MT scientific advisory board fees, at
December 31, 2017
and
2016,
respectively, consist of the following:  
 
   
2017
   
2016
 
Contracted services
  $
923,115
    $
1,194,678
 
Compensation
   
915,672
     
624,345
 
Interest
   
     
5,756,519
 
Other
   
19,061
     
297,351
 
Total accrued liabilities and other   $
1,857,848
    $
7,872,893
 
 
Accounts
payable in the amount of
$1,957,938
as of
December 31, 2016
have been reclassified to current liabilities associated with discontinued operations. Accrued liabilities in the amount of
$7,092
and
$607,659
as of
December 31, 2017
and
2016,
respectively, have also been reclassified to current liabilities associated with discontinued operations. See Note
3.