Annual report pursuant to Section 13 and 15(d)

Accrued Expenses and Other Liabilities (Tables)

v3.3.1.900
Accrued Expenses and Other Liabilities (Tables)
 12 Months Ended
Dec. 31, 2015
Payables and Accruals [Abstract]  
Schedule of Accrued Expenses

Accrued expenses consist of the following:

 

     Years Ended December 31,  
     2015      2014  

Accrued expenses and other current liabilities

      

Accrued payroll and benefits

    $ 704,597       $ 416,896   

Accrued audit and tax fees

      179,223         —     

Accrued professional fees

      194,790         404,461   

Accrued R&D fees

      466,076         —     

Accrued other

      194,694         165,263   
  

 

 

     

 

 

  

Total amount of accrued expenses and other current liabilities

      1,739,380         986,620   
  

 

 

     

 

 

  

Accrued expenses and other non-current liabilities

      

Reserve for litigation TUM

      —           327,937   

Accrued other, non-current

      23,852         6,051   
  

 

 

     

 

 

  

Total amount of accrued expenses and other non-current liabilities

      23,852         333,988   
  

 

 

     

 

 

  

Total amount of accrued expenses and other liabilities

    $ 1,763,232       $ 1,320,608