5.          Other Assets

The Company’s other asset balance is made up of a security deposit for the Alameda headquarters lease, totaling $594,000, a certificate of deposit totaling $1,000,000, held by Green Bank as collateral for the AMR construction note payable balance, $146,000 deferred financing costs related to the Interstate Battery financing more fully described in Note 9 and $83,000 of various prepaid deposits on equipment and other assets.

The lease deposit related to the Alameda headquarters will be released in three installments: June 17, 2017, $275,000 will be released; followed by $275,000 in June 2018; and the remainder will be released at the end of the lease term. The deposit with Green Bank will be released after AMR has three consecutive months of positive cash flow from operations. Deferred financing costs will be amortized over the three-year life of the Interstate Battery convertible note more fully described in Note 9. The various prepaid deposits on equipment will be reclassified to equipment once the equipment has been delivered and installed.