Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

v3.19.2
Related Party Transactions
6 Months Ended
Jun. 30, 2019
Related Party Transactions [Abstract]  
Related Party Transactions

Note 9 – Related Party Transactions

 

A shareholder, CorLyst, LLC, reimburses us for shared costs related to payroll, health care insurance and rent based on actual costs incurred, which are recognized as a reduction of our general and administrative operating expenses being reimbursed in our condensed consolidated statement of operations. Reimbursements from CorLyst totaled $52,464 and $0 for rent and other costs during the six months ended June 30, 2019 and 2018, respectively. Amounts due from CorLyst at June 30, 2019 and December 31, 2018 were $170 and $21,583, respectively.