RELATED PARTY TRANSACTIONS

6 Months Ended

Jun. 30, 2018

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS

NOTE 8.  RELATED PARTY TRANSACTIONS

During 2016, the Company entered into a consulting arrangement with a company co-owned by Matt Mahmood, who became the Chief Operating Officer of the Company on May 20, 2017. For the three months ended June 30, 2018 and 2017, expenses were incurred in the amounts of $17, and $30 respectively and $29 and $75 for the six months ended June 30, 2018 and 2017, respectively.

On February 22, 2018, the Company entered into a Consulting Agreement with Crosscourt Group, LLC, a limited liability company owned and managed by William Murray, formerly an independent director of the Company. Mr. Murray resigned from this position in May 2018. The term of the Consulting Agreement is three months.  Under the Consulting Agreement, services performed are limited to a maximum daily fee of $2. For the three and six months ended June 30, 2018, expenses were incurred in the amount of $32 and $68, respectively.