COMMITMENTS AND CONTINGENCIES

9 Months Ended

Sep. 30, 2017

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 months ended September 30, 2017 and 2016 amounted to approximately $299,000 and $284,000 respectively. Rent expense for the nine months ended September 30, 2017 and 2016 amounted to approximately $948,000 and $877,000 respectively.

Approximate future minimum lease payments under non-cancelable leases subsequent to September 30, 2017 are as follows:

Years Ending
December 31,	Amount
Remainder of 2017	$	221,000
2018	884,000
2019	625,000
2020	379,000
2021	175,000
Thereafter	143,000
Total	$	2,427,000