Defined Contribution Plan

9 Months Ended

Sep. 30, 2015

Defined Contribution Plan [Text Block]

16. Defined Contribution Plan

During 2011, the Company began sponsoring a 401(k) defined contribution plan ("401(k) Plan") that provides for a 100% employer matching contribution of the first 3% and a 50% employer matching contribution of each additional percent contributed by an employee up to 5% of each employee’s pay. Employees become fully vested in employer matching contributions after six months of employment. Company 401(k) matching contributions were approximately $7,000 and $25,000 for the nine months ended September 30, 2015 and 2014, respectively.