Leases

We lease certain office space and equipment. As leases expire, it can be expected that they will be renewed or replaced in the normal course of business. Rent expense from continuing operations was $107,299 and $49,030 for the three months ended March 31, 2017 and March 31, 2016, respectively.

Minimum future lease payments under non-cancelable operating leases as of March 31, 2017 are:




2017	$	238,650
2018	183,858
2019	184,852
2020	140,749
2021	—
Total	$	748,109

As part of the NetSeer asset acquisition, Inuvo assumed the office space lease that served as NetSeer's headquarters in Sunnyvale, CA. The lease is for 15,717 square feet and will cost approximately $95,000 for the remaining term of the lease which will expire in July 2017.