Quarterly report pursuant to Section 13 or 15(d)

Note Payable

Note Payable
9 Months Ended
Sep. 30, 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 September 30, 2016 and December 31, 2015, the outstanding balance related to the premium finance agreement was $0 and $0.3 million, respectively.