Prepaid Expenses

12 Months Ended

Dec. 31, 2016

Other Income and Expenses [Abstract]

Prepaid Expenses

4. Prepaid Expenses:

At December 31, 2016, prepaid expenses of $61,097 consisted primarily of approximately $41,000 of directors and officers insurance and clinical trial insurance and $20,000 in market exchange fees. At December 31, 2015, prepaid expenses of $34,414 consisted primarily of approximately $27,000 in prepaid directors and officers insurance and clinical trial insurance.