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Note 13 - Commitments (Tables)
12 Months Ended
Dec. 31, 2012
Notes to Financial Statements  
Future minimum lease payments operating leases

We currently have three leases for office facilities located in the United States with lease expirations occurring December 31, 2013 to March 31, 2015. The total average monthly rent for these leases in 2013 is approximately $10,000 per month.

 

 

    Operating  
    Leases  
2013   $ 120,345  
2014     67,413  
2015     51,211  
Total minimum lease payments   $ 238,969  

Future minimum lease payments capital leases

Future minimum lease payments required under capital leases

 

    Capital  
    Leases  
2013   $ 26,532  
Total future payments     26,532  
Less: amount representing interest     1,443  
Present value of  minimum lease payments   $ 25,089