General form of registration statement for all companies including face-amount certificate companies

Debt (Tables)

v2.4.1.9
Debt (Tables)
12 Months Ended
Dec. 31, 2014
Summary of Financial Obligations

The following table summarizes the Company´s financial obligations for the next five years and thereafter as of December 31, 2014:

 

     2015      2016      2017      2018      2019      Thereafter      Total  

Bank loan, including accrued interest

   $ 1,270,605       $ —         $ —         $ —         $ —         $ —         $ 1,270,605   
Bridge Loan [Member]  
Related Party Interest Expense Concerning Bridge Loan

The Company recorded related-party interest expense concerning the Bridge Loan in the amounts set forth in the table below:

 

     Years ended December 31,  
     2014      2013  

Orbimed Private Investments III, LP

   $ 63,955       $ 78,411   

The Global Life Science Ventures Funds

     57,709         70,131   

Gilde Europe Food & Agribusiness Fund B.V.

     54,158         67,083   

Coöperative AAC LS U.A. (Forbion B.V.)

     28,288         34,930   
  

 

 

    

 

 

 

Sum of related-party interest expense relating to the Convertible Bridge Loan

$ 204,110    $ 250,556