Annual report pursuant to Section 13 and 15(d)

Accounts Payable, Accrued Liabilities and Other

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Accounts Payable, Accrued Liabilities and Other
12 Months Ended
Dec. 31, 2016
Accrued Liabilities and Other Liabilities [Abstract]  
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     1,341,601       1,887,281  
Compensation     945,787       873,726  
Royalties     139,957       175,679  
Other     281,651       101,549  
    $ 8,465,515     $ 3,038,713