Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Details)

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Acquisitions (Details)
Mar. 31, 2016
USD ($)
Current assets $ 600,604 [1]
Intangible assets 2,702,314
Property, plant and equipment (net) 649
Accounts payable and other liabilities (393,801)
Contingent consideration 1,210,000
Assumed liabilities (300,000)
Total purchase price $ 3,819,766
[1] Current assets include cash, grants receivable and prepaid expenses of $0.186 million, $0.046 million and $0.369 million, respectively, related to the Jade Acquisition.