Note 14 - Related Party Transactions

3 Months Ended

Mar. 31, 2018

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

NOTE

1

4

. RELATED PARTY TRANSACTIONS     

Related Party Financing

See Note

11,

“Stockholders’ Equity (Deficit)” – “Common Stock” for a description of the

February 2016

Purchase Agreements and

April 2016

Securities Purchase Agreement. The following related parties participated in both transactions: Mr. Sieczkarek, Chairman of the Board, President and Chief Executive Officer of the Company; and Pioneer Singapore and Mr. Fu, the Company’s

two

largest stockholders.

Related Party Revenue

The Company recognized related party revenues from product sales and license and collaboration fees of

$13

thousand and

$6

thousand for the

three

months ended

March 31, 2018

and

2017,

respectively. There were

no

related party accounts receivable as of

March 31, 2018

and

December 31, 2017.

See Note

8,

“Adoption of ASC Topic

606,

“

Revenue from contracts with customers

””

,

for additional information regarding the Company’s distribution agreements with Pioneer, which is an affiliate of Pioneer Singapore, the Company’s largest stockholder.

Related Party Expenses

The Company recognized related party commission fees of

$359

thousand and

zero

for the

three

months ended

March 31, 2018

and

2017,

respectively. These fees were paid to China Kington representing the commission on its sale of the Company’s common stock. See Note

11,

“Stockholders’ Equity (Deficit)” – “Common Stock” for additional information regarding such commissions.