Quarterly report pursuant to Section 13 or 15(d)

Accrued expenses

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Accrued expenses
 3 Months Ended
Mar. 31, 2017
Payables and Accruals [Abstract]  
Accrued expenses

6. Accrued expenses

The Company has recorded the following accrued expenses as of March 31, 2017 and December 31, 2016, respectively:

 

     March 31,      December 31,  
     2017      2016  

Accrued expenses

      

Accrued compensation expense

    $ 844,786      $ 1,198,448  

Accrued professional fees

      782,203        867,969  

Accrued R&D fees

      777,573        1,040,321  

Accrued audit and tax fees

      374,548        454,931  

Accrued other

      179,767        157,788  
  

 

 

     

 

 

  

Total accrued expenses

    $ 2,958,877      $ 3,719,457