Systat Licensing Agreement (Details Textual) - Systat [Member] $ in Thousands |
1 Months Ended |
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Jun. 19, 2020
USD ($)
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Amount of note assigned in transaction | $ 3,000 |
Additional amount of note to be assigned in periodic installments for transaction | $ 3,300 |
Consideration payable for the rights granted under the license | (i) $1.3 million on the three month anniversary of the Closing Date; (ii) $1.0 million on the six month anniversary of the Closing Date; and (iii) $1.0 million on the nine month anniversary of the Closing Date. In addition, the cash consideration of $2.2 million was delivered on July 8, 2020. |
Term of license grant | 15 years |
Total transaction purchase price | $ 2,200 |
Cash portion of transaction purchase price | $ 2,200 |
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- Definition Additional amount of note to be assigned in periodic installments for transaction. No definition available.
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- Definition Amount of note assigned in transaction. No definition available.
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- Definition Term of license grant. No definition available.
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- Definition Total transaction purchase price. No definition available.
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- Definition Description of the frequency of periodic payments (monthly, quarterly, annual). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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