Quarterly report pursuant to Section 13 or 15(d)

Accrued Expenses

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Accrued Expenses
6 Months Ended
Jun. 30, 2015
Payables and Accruals [Abstract]  
Accrued Expenses

5. Accrued Expenses

Accrued expenses consist of the following:

 

     June 30,
2015
     December 31,
2014
 

Accrued compensation costs

   $ 1,207,597       $ 1,865,778   

Accrued professional fees

     496,506         286,443   

Accrued research and development fees

     479,422         202,183   

Accrued licensing fees

     50,000         200,000   

Other

     126,676         156,803   
  

 

 

    

 

 

 
   $ 2,360,201       $ 2,711,207