Accrued expenses consist of the following:
|
|
|
|
|
|
|
|
|
| |
|
December |
|
| |
|
2014 |
|
|
2013 |
|
|
Accrued expenses
|
|
|
|
|
|
|
|
|
|
Accrued expenses bonus payments
|
|
$ |
252,953 |
|
|
$ |
137,660 |
|
|
Accrued expenses severance payments
|
|
|
— |
|
|
|
319,031 |
|
|
Payroll related accruals
|
|
|
79,939 |
|
|
|
90,549 |
|
|
Accrued professional fees
|
|
|
403,451 |
|
|
|
— |
|
|
Other accrued expenses
|
|
|
7,523 |
|
|
|
12,389 |
|
|
|
|
|
|
|
|
|
|
|
Total amount of accrued expenses
|
|
|
743,866 |
|
|
|
559,629 |
|
|
|
|
|
|
|
|
|
|
|
Accrued expenses non-current
|
|
|
|
|
|
|
|
|
|
Reserve for litigation with TUM
|
|
|
327,937 |
|
|
|
373,059 |
|
|
Accrued expenses Restoration
|
|
|
6,051 |
|
|
|
6,883 |
|
|
Total amount of accrued expenses non-current
|
|
|
333,988 |
|
|
|
379,942 |
|
|
|
|
|
|
|
|
|
|
|
Total amount of accrued expenses
|
|
$ |
1,077,854 |
|
|
$ |
939,571 |
|
|
|
|
|
|
|
|
|
|
|