Quarterly report pursuant to Section 13 or 15(d)

Deferred Rent

Deferred Rent	6 Months Ended
Jun. 30, 2016
Deferred Revenue Disclosure [Abstract]
Deferred Rent	7. Deferred Rent On August 7, 2015, the Company signed a lease for 21,697 square feet of mixed office and manufacturing space in Alameda, CA. The term of the lease is 76 months plus 6 months pre commencement date for tenant improvement construction. The total cost of the lease is $3,071,000 which is being amortized over 82 months. As of June 30, 2016 and December 31, 2015, the landlord had incurred $947,000 and $869,000, respectively, in tenant improvements. The tenant improvements cost has been included in owned assets and deferred rent and is being amortized over the life of the lease. Net deferred rent expense for the three months and six months ending June 30, 2016 was $36,000 and $114,000, respectively. The June 30, 2016 short term deferred rent balance of $171,000 is included in current liabilities whereas the December 31, 2015 balance of negative $38,000 was included in prepaid expenses and other current assets. The remaining liability of $1,054,000 and $1,071,000 at June 30, 2016 and December 31, 2015, respectively, is classified as long term deferred rent.

Deferred Rent

6 Months Ended

Jun. 30, 2016

Deferred Revenue Disclosure [Abstract]

7. Deferred Rent

On August 7, 2015, the Company signed a lease for 21,697 square feet of mixed office and manufacturing space in Alameda, CA. The term of the lease is 76 months plus 6 months pre commencement date for tenant improvement construction. The total cost of the lease is $3,071,000 which is being amortized over 82 months. As of June 30, 2016 and December 31, 2015, the landlord had incurred $947,000 and $869,000, respectively, in tenant improvements. The tenant improvements cost has been included in owned assets and deferred rent and is being amortized over the life of the lease. Net deferred rent expense for the three months and six months ending June 30, 2016 was $36,000 and $114,000, respectively. The June 30, 2016 short term deferred rent balance of $171,000 is included in current liabilities whereas the December 31, 2015 balance of negative $38,000 was included in prepaid expenses and other current assets. The remaining liability of $1,054,000 and $1,071,000 at June 30, 2016 and December 31, 2015, respectively, is classified as long term deferred rent.

- Definition

The entire disclosure for deferred revenues at the end of the reporting period, and description and amounts of significant changes that occurred during the reporting period. Deferred revenue is a liability as of the balance sheet date related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP.

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