General form of registration statement for all companies including face-amount certificate companies

7. Accrued Expenses

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7. Accrued Expenses
 12 Months Ended
Dec. 31, 2015
Payables and Accruals [Abstract]  
Accrued Expenses

Accrued expenses consist of the following:

 

    December 31,
2015		     December 31,
2014		  
Accrued payroll and benefits   $ 625,289     $ 67,120  
Accrued professional fees     413,945       574,186  
Accrued research costs     145,026       573,879  
Accrued interest     77,857       –  
Other     224,929       194,506  
    $ 1,487,046     $ 1,409,691