Severance Liability

9 Months Ended

Sep. 30, 2015

Related Party Transactions [Abstract]

Severance Liability

5. Severance Liability

In August of 2015 we agreed to provide a terminated employee a lump sum payment $15,000 and six months of medical coverage payments which will end February 29, 2016.

In July of 2014 we agreed to provide a terminated employee a lump sum salary payment and four months of medical coverage payments which ended December 31, 2014.

As of September 30, 2015 and 2014, $14,800 and $7,900, respectively, remained outstanding associated with severance liabilities. During the nine-month period ended September 30, 2015 and 2014, we made total payments of $18,000 and $104,700, respectively, to individuals whom these severance amounts were due.

The following table summarizes the cash compensation and medical coverage payments during the three-month and nine-month period ended September 30, 2015.

	Compensation			Medical Coverage			Total
Balance at December 31, 2014	$	—		$	—		$	—
Accrued interest		—			—			—
Separation agreement August 2015		15,000			17,800			32,800
Payments		(15,000	)		(3,000	)		(18,000	)
Balance at September 30, 2015	$	—		$	14,800		$	14,800

The following table summarizes the cash compensation and medical coverage payments during the three-month period ended September 30, 2014.

	Compensation			Medical Coverage			Total
Balance at June 30, 2014	$	—		$	—		$	—
Accrued interest		—			—			—
Separation agreement August 2014		37,500			10,500			48,000
Payments		(37,500	)		(2,600	)		(40,100	)
Balance at September 30, 2014	$	—		$	7,900		$	7,900

The following table summarizes the cash compensation and medical coverage payments during the nine-month period ended September 30, 2014.

	Compensation			Medical Coverage			Total
Balance at December 31, 2013	$	62,900		$	—		$	62,900
Accrued interest		1,700			—			1,700
Separation Agreement August 2014		37,500			10,500			48,000
Payments		(102,100	)		(2,600	)		(104,700	)
Balance at September 30, 2014	$	—		$	7,900		$	7,900