Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.4.0.3
Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2016
Commitments And Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Rent Commitments

Pursuant to the terms of the Company’s non-cancelable lease agreements in effect at March 31, 2016, the future minimum rent commitments are as follows:

 

2016 (remainder of year)

 

$

109,124

 

2017

 

 

148,398

 

2018

 

 

151,561

 

2019

 

 

154,723

 

2020

 

 

157,886

 

2021

 

 

13,179

 

Total

 

$

734,871

 

 

Schedule of Future Minimum Capital Lease Commitments

Pursuant to the terms of this capital lease agreement, the future minimum capital lease commitments are as follows as of March 31, 2016:

 

2016 (remainder of year)

 

$

3,178

 

2017

 

 

4,237

 

2018

 

 

4,237

 

2019

 

 

353

 

Total

 

$

12,005