Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.5.0.2
Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2016, the future minimum rent commitments are as follows:

 

2016 (remainder of year)   $ 72,749  
2017     148,397  
2018     151,560  
2019     154,723  
2020     157,886  
2021     13,179  
Total   $ 698,494  

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 June 30, 2016:

 

2016 (remainder of year)   $ 1,893  
2017     4,543  
2018     4,543  
2019     379  
Total future minimum lease payments     11,358  
Less: interest     (1,414 )
Future capital lease obligations     9,944  
Less: current portion     (3,667 )
Long-term portion   $ 6,277