Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.7.0.1
Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2017
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, 2017, the future minimum rent commitments are as follows:

 

2017 (remainder of year)     $ 122,364  
2018       249,502  
2019       254,709  
2020       259,916  
2021       21,696  
Total     $ 908,187  

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, 2017:

 

2017 (remainder of year)   $ 2,271  
2018     4,543  
2019     379  
Total future minimum lease payments     7,193  
Less: interest     (596 )
Future capital lease obligations     6,597  
Less: current portion     (4,038 )
Long-term portion   $ 2,559