ACCOUNTS PAYABLE AND ACCRUED EXPENSES

6 Months Ended

Jun. 30, 2018

ACCOUNTS PAYABLE AND ACCRUED EXPENSES [Abstract]

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

4. ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consisted of the following:

	June 30, 2018		December 31, 2017
Trade accounts payable	$	34,553	$	152,542
Accrued legal and other professional fees		219,223		150,691
Accrued payroll and related costs		182,746		215,322
Third party royalties		1,018,308		329,211
Other accruals		136,877		86,232
Total	$	1,591,707	$	933,998