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Commitments and contingencies (Tables)
6 Months Ended
Jun. 30, 2014
Commitments and Contingencies,  
Contractual obligations

Set forth below is information concerning the Company’s known contractual obligations as of June 30, 2014 that are fixed and determinable by year starting with the twelve months ending June 30, 2015.

 

 

 

Total

 

2015

 

2016

 

2017

 

Beyond
2017

 

Notes payable

 

$

915,000

 

$

915,000

 

$

 

$

 

$

 

Rent obligations

 

1,121,495

 

677,738

 

339,958

 

103,799

 

 

Accrued board fees

 

210,625

 

210,625

 

 

 

 

Consulting agreement

 

150,000

 

150,000

 

 

 

 

Employee contracts

 

3,808,014

 

835,000

 

1,538,014

 

1,435,000

 

 

Accrued interest

 

592,609

 

592,609

 

 

 

 

Total

 

$

6,797,743

 

$

3,380,972

 

$

1,877,972

 

$

1,538,799

 

$