Annual report pursuant to Section 13 and 15(d)

9. RELATED PARTY TRANSACTIONS (Tables)

v3.19.1
9. RELATED PARTY TRANSACTIONS (Tables)
12 Months Ended
Dec. 31, 2018
Related Party Transactions [Abstract]  
Schedule of related party transactions
    Year Ended December 31,
    2018   2017
         
Sale and purchase of plasma                
Product revenue   $ 9,564,388     $ 10,664,456  
Purchases     7,822,226       2,776,959  
                 
License revenue     142,834       142,834  
                 
Interest expense     912,500       520,000  

 

    December 31,   December 31,
    2018   2017
Accounts receivable   $ 961,145     $ 1,245,677  
Accounts payable     2,010,774       139,939  
Accrued expenses     10,659       314,820  
Note payable, net of discount     14,874,184       14,842,396  
Accrued interest     65,000       65,000  
Deferred revenue     2,547,199       2,690,033