Annual report pursuant to Section 13 and 15(d)

Note 13 - Related Party Transaction

v3.20.4
Note 13 - Related Party Transaction
12 Months Ended
Dec. 31, 2020
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
13.
Related Party Transaction
 
During
2020,
we have engaged a consulting firm owned by our Vice President of Regulatory Affairs to perform certain tasks supporting our quality and regulatory activities. The work is performed as required by us and all services are invoiced on an hourly basis with
no
minimum commitment. Total charges invoiced were approximately
$235,000
during the year ended
December 31, 2020,
and are recorded as research and development expenses, of which approximately
$33,000
was outstanding and included in accounts payable as of
December 31, 2020.