Foreign Currency Remeasurement

3 Months Ended

Mar. 31, 2019

Foreign Currency [Abstract]

Foreign Currency Remeasurement

2. Foreign Currency Remeasurement

The U.S. dollar has been determined to be the functional currency for the net assets of our German laboratory facility. The transactions are recorded in the local currencies and are remeasured at each reporting date using the historical rates for nonmonetary assets and liabilities and current exchange rates for monetary assets and liabilities at the balance sheet date. Exchange gains and losses from the remeasurement of monetary assets and liabilities are recognized in other income (loss). We recognized a loss of approximately ($2,142) and ($330) respectively, for the three-month periods ended March 31, 2019 and 2018.