Related Party Transactions
|6 Months Ended|
Jun. 30, 2015
|Related Party Transactions [Abstract]|
|Related Party Transactions||
9. Related Party Transactions
During the three and six months ended June 30, 2015 and 2014, we paid $31,927 and $361,294; $45,755 and $901,319, respectively, to Intrexon under the ECC agreements (See Note 8). Included in accounts payable and accrued expenses at June 30, 2015 and 2014 was $38,932 and $7,605, respectively, related to unpaid invoices received from Intrexon relating to work performed under the ECC Agreements. As of June 30, 2015 and 2014 Intrexon owned approximately 24% of our outstanding common stock.
The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.
Reference 1: http://www.xbrl.org/2003/role/presentationRef