Quarterly report pursuant to Section 13 or 15(d)

Accrued Expenses

v2.4.0.8
Accrued Expenses
6 Months Ended
Jun. 30, 2013
Accounts Payable and Accrued Liabilities [Abstract]  
Accrued Expenses
6.
Accrued Expenses
 
Accrued expenses consisted of the following:
 
 
 
June 30,
 
December 31,
 
 
 
2013
 
2012
 
 
 
 
 
 
 
 
 
Accrued merger costs
 
$
296,686
 
$
 
Accrued professional fees
 
 
175,598
 
 
25,059
 
Accrued payroll and related expenses
 
 
193,117
 
 
64,222
 
Accrued severance
 
 
 
 
41,900
 
Accrued consulting
 
 
24,400
 
 
50,000
 
Accrued project expenses
 
 
94,554
 
 
 
Accrued other
 
 
28,222
 
 
927
 
Liabilities owed by Parent - reimbursable under Contribution Agreement
 
 
72,982
 
 
203,747
 
 
 
$
885,559
 
$
385,855