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9. RELATED PARTIES
3 Months Ended
Mar. 31, 2020
Related Party Transactions [Abstract]  
RELATED PARTIES

Payables to Related Parties

 

The Company had outstanding payables to related parties totaling $206,849 at March 31, 2020, and $68,668 at December 31, 2019.

 

Prepaid other - related party

 

In the normal course of business, the Company may advance payments to its suppliers, inclusive of Rochal, a related party. As of March 31, 2020, the Company paid $200,000 to Rochal as a deposit towards the initial payment of a pending product license agreement. In the event this license agreement is not executed by the end of the 2020 calendar year, Rochal will be obligated to refund the advance deposit payments of $200,000 to Sanara. At December 31, 2019, there were no prepaid balances to related parties.