COMMITMENTS AND CONTINGENCIES

9 Months Ended

Sep. 30, 2016

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES

NOTE 5.  COMMITMENTS AND CONTINGENCIES

We have various operating leases for production and office equipment, office space, and buildings under non-cancelable lease agreements expiring on various dates through 2022.

Rent expense for the three and nine months ended September 30, 2016 amounted to approximately $284,000 and $877,000 respectively. Rent expense for the three and nine months ended September 30, 2015 amounted to approximately $272,000 and $635,000, respectively.

Approximate future minimum lease payments under non-cancelable leases subsequent to September 30, 2016 are as follows:

Years Ending
December 31,	Amount
2016	$	219,000
2017	875,000
2018	779,000
2019	622,000
2020	376,000
Thereafter	312,000
Total	$	3,183,000