XML 25 R15.htm IDEA: XBRL DOCUMENT v3.8.0.1
License agreements, research collaborations and development agreements
3 Months Ended
Mar. 31, 2018
License Agreements Research Collaborations And Development Agreements [Abstract]  
License Agreements, Research Collaborations and Development Agreements

Note 10 - License agreements, research collaborations and development agreements

The Company is a party to one license agreement to acquire certain patent rights and technologies related to its FISH product line. Royalties are incurred upon the sale of a product or service which utilizes the licensed technology. The Company recognized net royalty expense of $62,500 and $69,245 for the three months ended March 31, 2018 and 2017, respectively. Annual future minimum royalty fees are $250,000 under this agreement.