COMMITMENTS AND CONTINGENCIES - Amended Patent Purchase Agreement (Details Narrative) - USD ($) |
Dec. 31, 2016 |
Dec. 31, 2015 |
Jun. 30, 2015 |
Mar. 11, 2015 |
Dec. 31, 2012 |
Jan. 01, 2005 |
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Additional patent cost for restructuring of future contingent payments | $ 500,000 | |||||
Achievement of net royalties | $ 62,500,000 | $ 50,000,000 | ||||
Contingent payment made | $ 1,000,000 | |||||
Payment to secured creditor in settlement of second contingent payment | $ 900,000 | |||||
Additional contingent payment | 500,000 | |||||
Accrued final contingent payment | $ 500,000 | |||||
Second contingent payment | $ 1,000,000 | |||||
2012 [Member] | ||||||
Achievement of net royalties | $ 25,000,000 | |||||
Contingent payment made | $ 1,000,000 |
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- Definition custom:AccruedFinalPayment No definition available.
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- Definition custom:AchievementOfNetRoyalties No definition available.
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- Definition custom:AdditionalContingentPayment No definition available.
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- Definition custom:AdditionalPatentCostForRestructuringOfFutureContingentPayments No definition available.
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- Definition Contingent payment. No definition available.
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- Definition custom:PaymentToSecuredCreditorInSatisfactionOfContingentPayment No definition available.
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- References No definition available.
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- Details
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