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Related Party Arrangements
9 Months Ended
Sep. 30, 2019
Related Party Transactions [Abstract]  
Related Party Arrangements

(5) Related Party Arrangements

Transactions with the Company’s President and Chief Executive Officer

The Company has entered into unrestricted research grants with its President and Chief Executive Officer’s academic research laboratory at the University of Colorado. Funding of any unrestricted research grants is contingent upon the Company’s financial condition, and can be deferred or terminated at the Company’s discretion. Total expense under these arrangements for the nine months ended September 30, 2019 and 2018 was $210,000 and $274,000 respectively, of which $69,000 and $111,000 was included in Accrued expenses and other liabilities as of September 30, 2019 and December 31, 2018, respectively.