Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.5.0.2
Commitments and Contingencies (Tables)
9 Months Ended
Sep. 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 September 30, 2016, the future minimum rent commitments are as follows:

 

2016 (remainder of year)   $ 52,045  
2017     244,295  
2018     249,502  
2019     254,709  
2020     259,916  
2021     21,696  
Total   $ 1,082,163  

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 September 30, 2016:

 

2016 (remainder of year)   $ 757  
2017     4,543  
2018     4,543  
2019     379  
Total future minimum lease payments     10,222  
Less: interest     (1,159 )
Future capital lease obligations     9,063  
Less: current portion     (3,765 )
Long-term portion   $ 5,298