Note 4 - Commitments and Contingencies

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Commitments and Contingencies Disclosure [Text Block]

4.

Commitments and Contingencies

Leases

We lease office space for our corporate headquarters in Richardson, Texas under an operating lease, the base term of which expires in

April

 

2021.

We lease office space in San Diego and San Marcos, California for a portion of our security software research and development staff under

two

separate operating leases. The California leases normally renew for

one

to

two

year terms.

The Company’s lease for the headquarters facility contains escalation provisions. The Company records rent expense on facility leases on a straight-line basis. Rent expense totaled approximately

$415,000

and

$384,000

for the years ended

December

 

31,

2016

and

2015,

respectively.

Future minimum rental payments under these leases as of

December

 

31,

2016

are as follows (in thousands):

Year ending December 31,	Minimum Lease Payments
2017	$	295
2018		2,736
2019 and thereafter		622
	$	1,190

We have other capital lease obligations that consist primarily of computer equipment.

Future minimum payments under these leases as of

December

 

31,

2016

are as follows (in thousands):

Year ending December 31,	Capital Lease Obligations
2017	$	145
2018		45
2019		17
2020 and thereafter		—
		207
Less amounts representing interest		(7	)
	$	200

Legal Proceedings

We are subject to legal proceedings and claims that arise in the ordinary course of business. We do not believe that the outcome of those matters will have a material adverse effect on our consolidated financial position, operating results or cash flows. However, there can be no assurance such legal proceedings will not have a material impact.

We are not aware of any material claims outstanding or pending against Intrusion Inc. at

December

 

31,

2016

.