Annual report pursuant to Section 13 and 15(d)

16. Contractual Obligations (Tables)

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16. Contractual Obligations (Tables)
 12 Months Ended
Dec. 31, 2015
Contractual Obligations Tables  
Contractual Obligations
Year ending     Office     Research and License     Compensation     Total  
December 31,     Lease (1)     Agreements (2)     Agreements (3)     Obligations  
  2016     $ 69,960     $ 187,500     $ 350,000     $ 607,460  
  2017       69,960       187,500       305,429       562,889  
  2018       40,810       187,500       290,000       518,310  
  2019       –       187,500       54,375       241,875  
  2020       –       187,500       –       187,500  
  Total     $ 180,730     $ 937,500     $ 999,804     $ 2,118,034