Annual report pursuant to Section 13 and 15(d)

Note Payable

Note Payable
12 Months Ended
Dec. 31, 2016
Note Payable [Abstract]  
Note Payable

Note 5 – Note Payable


On December 28, 2015, the Company entered into a premium finance agreement for its director and officer liability insurance policy in the amount of $0.3 million. Pursuant to the agreement, the Company was required to pay $30,077 in monthly installments for nine months.


As of December 31, 2016 and 2015, the outstanding balance related to the premium finance agreements was $0 and $0.3 million, respectively.