Annual report pursuant to Section 13 and 15(d)

Accounts Payable and Accrued Expenses

v3.3.1.900
Accounts Payable and Accrued Expenses
12 Months Ended
Dec. 31, 2015
Payables and Accruals [Abstract]  
Accounts Payable and Accrued Expenses

6. Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses consist of the following as of December 31, 2015 and 2014:

 

     2015      2014  

Accounts payable trade

   $ 383,888       $ 483,641   

Intrexon Collaboration Agreement

     302,107         780   

Professional fees

     155,506         102,258   

Vacation

     87,624         77,776   

Deferred compensation

     25,500         25,500   

Consulting fees

     1,000         5,000   

Sales return allowance

     11,129         12,637   

Other

     3,033         2,618   
  

 

 

    

 

 

 

Total accounts payable and accrued expenses

   $ 969,787       $ 710,210