Quarterly report pursuant to Section 13 or 15(d)

10. Commitments and Contingencies (Tables)

v3.5.0.2
10. Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2016
Future minimum lease payments under non-cancelable leases

Future minimum maintenance fee payments are as follows:

  

For the twelve months ended June 30      
2017   $ 300,000  
2018     300,000  
2019     300,000  
2020     300,000  
2021     300,000  
Thereafter     1,300,000  
    $ 2,800,000  
Property Leases [Member]  
Future minimum lease payments under non-cancelable leases

Future minimum lease payments under these non-cancelable leases are approximately as follows:

 

For the twelve months ended June 30,      
2017   $ 77,000  
2018     75,000  
2019     50,000  
2020     45,000  
Thereafter     -  
    $ 247,000