Related Party Transactions

9 Months Ended

Sep. 30, 2019

Related Party Transactions

Related Party Transactions

9.           Related Party Transactions

The Company paid legal fees and disbursements of approximately $81,000 and $117,000 in the nine month period ended September 30, 2019 and 2018, respectively, for services provided by a law firm that is owned by a member of the Company’s Board of Directors.  Legal fees paid for the three month period ended September 30, 2019 and 2018 amounted to approximately $33,000 and $23,000, respectively.  Additionally, the Company had accrued unbilled legal fees at September 30, 2019 and 2018 of approximately $49,000 and $19,000,  respectively, with this firm.