Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Details)

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Acquisitions (Details)
Jun. 30, 2016
USD ($)
Current Assets ~(1)~ $ 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.