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Other Agreements (Tables)
6 Months Ended
Jun. 30, 2018
Other Agreements [Abstract]  
Schedule of Remaining Minimum Principal Payments Due

The minimum remaining payments due to NuvoGen at June 30, 2018, including $194,646 of additional revenue-based payments payable as of June 30, 2018, are as follows for each fiscal year, although actual payments could be significantly more than provided in the table, to the extent that 6% of the Company’s annual revenue exceeds $400,000:

 

2018

 

$

394,646

 

2019

 

 

400,000

 

2020

 

 

400,000

 

2021

 

 

400,000

 

2022

 

 

400,000

 

2023 and beyond

 

 

5,469,004

 

Total NuvoGen obligation payments

 

 

7,463,650

 

Plus interest accretion

 

 

112,606

 

Total NuvoGen obligation, net

 

$

7,576,256