COMMITMENTS AND CONTINGENCIES

12 Months Ended

Dec. 31, 2019

COMMITMENTS AND CONTINGENCIES [Abstract]

NOTE 15.

COMMITMENTS AND CONTINGENCIES:

Operating Leases

The Company’s principal facility is located in Suwanee, Georgia. The Company also leases office space in various locations with expiration dates between 2016 and 2020. The lease agreements often include leasehold improvement incentives, escalating lease payments, renewal provisions and other provisions which require the Company to pay taxes, insurance, maintenance costs, or defined rent increases. All of the Company’s leases are accounted for as operating leases. Rent expense is recorded over the lease terms on a straight-line basis. Rent expense was $0.34 million and $0.26 million for the twelve months ended December 31, 2019 and December 31, 2018, respectively.

The future minimum rental payments under these lease agreements are as follows:

Year ending December 31	Total
2020		265,264
2021		156,868
2022		113,565
2023		116,969
2024		120,476
2025		124,091
2026		127,814
2027		64,692
Total		1,089,739