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Commitments and Contingencies

6 Months Ended

Jun. 30, 2017

Commitments and Contingencies Disclosure [Abstract]

8. Commitments and Contingencies

On February 1, 2014, we had previously relocated our corporate offices to a larger suite within our landlord’s office complex in Campbell, California. We are currently leasing 10,659 square feet under a five-year lease that, unless renewed, will expire in October 2018.

On August 11, 2015 we entered into a sublease agreement to sublease the entirety of the South Bascom office space to a third party. The term of the sublease extends from November 1, 2015 through the end of our office lease term for that space in October, 2018. The monthly rent payments due to hopTo under this sublease fully offset the monthly rent payments due to the landlord under hopTo’s lease for that space.

On August 24, 2015, we entered into a new office lease for our corporate headquarters in Campbell, California which became effective on October 1, 2015, is better suited to our California operations and results in significant monthly savings. The term of this lease is from October 1, 2015 through September 30, 2018.

On April 28, 2017, we entered into a sublease agreement to sublease the entirety of the leased space at 51 East Campbell Avenue to a third party. The term of the sublease began on June 1, 2017 and extends through the end of our office lease term for that space. The monthly rent payments due to hopTo will offset approximately 62% of the monthly rent payments due to the landlord under hopTo’s lease for that space. During the three-month period ended June 30, 2017, we relocated our headquarters to our Concord, New Hampshire, offices where the GO-Global team operates under a longstanding lease agreement.

The following table sets forth the minimum lease payments we will be required to make throughout the remainder of the lease:

	Lease Payments		Sublease Receipts			Total
Remainder of 2017	$	297,200	$	(275,800	)	$	21,400
2018		475,400		(461,500	)		14,000
	$	772,600	$	737,300	)	$	35,400