Defined Contribution Plan

12 Months Ended

Dec. 31, 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 $8,000 and $31,000 for the years ended December 31, 2015 and 2014, respectively.