Related Party Transactions
|3 Months Ended|
Mar. 31, 2016
|Related Party Transactions [Abstract]|
|Related Party Transactions||
8. Related Party Transactions
During the three months ended March 31, 2016 and 2015, we paid $432,605 and $13,828, respectively, to Intrexon under the ECC agreements (See Note 7). Included in accounts payable and accrued expenses at March 31, 2016 and 2015 was $407,941 and $2,871, respectively, related to unpaid invoices received from Intrexon relating to work performed under the ECC Agreements. As of March 31, 2016 and 2015 Intrexon owned approximately 33% 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