Quarterly report pursuant to Section 13 or 15(d)

Accounts Receivable

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Accounts Receivable
 6 Months Ended
Jun. 30, 2017
Receivables [Abstract]  
Accounts Receivable

Note 2 – Accounts Receivable

 

Accounts receivable at June 30, 2017 (unaudited) and December 31, 2016 consisted of the following:

 

    June 30, 2017     December 31, 2016  
Accounts receivable - laboratory services   $ 5,030,125     $ 12,715,835  
Accounts receivable - all others     487,675       499,508  
Total accounts receivable     5,517,800       13,215,343  
Less:                
Allowance for discounts     (4,376,208 )     (11,664,490 )
Allowance for bad debts     (749,379 )     (350,954 )
Accounts receivable, net   $ 392,213     $ 1,199,899