Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Contract Liability and Receivable (Tables)

v3.8.0.1
Contract Liability and Receivable (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of revenue from contracts with customers [Abstract]  
Explanation of significant changes in contract assets and contract liabilities [text block]
Our contract liability balance at December 31, which we expect to record in revenue over the next five years, is as follows:
 
2017
2016
Balance, beginning of the year


Regional licensing agreement
6,182,580


Revenue recognized in the year


Balance, end of the year
6,182,580


 
 
 
Contract liability - current
1,545,645


Contract liability - non-current
4,636,935


 
6,182,580