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Related Party
12 Months Ended
Dec. 31, 2016
Related Party Transactions [Abstract]  
Related Party

Note 14. Related Party

 

Dr. Yun Yen, who is a member of the Company’s Board of Directors and a stockholder, serves as the President and Chairman of the Board for the Sino-American Cancer Foundation (the “Foundation”) and served as the President for the University Taipei Medical University (the “University”), from August 1, 2011 through July 31, 2016 and currently serves as an honorary Chairman of the Board for the University.    

 

The Company performs research testing services for the Foundation. The Company recognized $150,000 during the year ended December 31, 2016, as consideration for such services. No services were rendered to the Foundation in 2015 and 2014. Additionally, the Company subleases certain of its headquarters facilities to the Foundation. The Company recognized $28,000 and $11,500 in the years ended December 31, 2016 and 2015, respectively, as consideration for such sublease.

 

The Company performs genetic sequencing services for the University. The Company recognized $353,000 and $13,000 as consideration for such services in the years ended December 31, 2016 and 2015, respectively.

 

As of December 31, 2016 and 2015, $0 and $0 was due from the Foundation and $29,550 and $0 was due from the University, respectively.