Note 8 – Related Party Transactions

A shareholder, CorLyst, LLC, reimburses us for shared costs related to payroll, health care insurance and rent based on actual costs incurred, which are recognized as a reduction of our general and administrative operating expenses being reimbursed in our condensed consolidated statement of operations. We did not receive reimbursements during the three months ended March 31, 2019 and 2018. Amounts due from CorLyst at March 31, 2019 and December 31, 2018 were $47,165 and $21,583, respectively.