Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.7.0.1
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Schedule of Property Plant And Equipment Useful life [Table Text Block]
Property and equipment are recorded at cost and depreciated over their estimated useful lives using the straight-line depreciation method as follows:
 
Leasehold improvement
Shorter of estimated useful lives or the term of the lease 
 
 
Computer equipment
2 years*
 
 
Machinery and equipment
5 years*
 
 
Furniture and office equipment
7 years*
 
*Property and equipment assets acquired in the merger with Moleculin, LLC are being depreciated over a 2 year useful life due to their age and condition and expected remaining life assessed at merger date.