Royalty Obligation and Deferred License Fees (Tables)

3 Months Ended

Mar. 31, 2015

Royalty Obligation and Deferred License Fees [Abstract]

Amortization of deferred license fees

As of March 31, 2015, future amortization of deferred license fees described above was as follows:

Year Ended December 31,	Deferred License Fees
2015	$82,125
2016	109,500
2017	109,500
2018	73,667
2019	24,083
Thereafter	20,083
Total	$418,958