Commitments and Contingencies |
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Commitments and Contingencies Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||
Commitments and Contingencies |
11. Commitments and Contingencies
Lease commitments
As discussed in Note 8, On August 7, 2015, the Company signed a lease for 21,697 square feet of mixed office and manufacturing space in Alameda, CA. On October 10, 2014, the Company entered into an operating lease for its current Oakland facility through April 2018. The future minimum payments related to these leases are as follows as of December 31, 2016 (in thousands):
During the years ended December 31, 2016 and 2015, the Company has incurred total rent expense of $340,000 and $232,000, respectively.
See Note 9 for lease commitments associated with capital leases for fixed assets.
Legal proceedings
The Company is not subject to any legal proceedings as of December 31, 2016. |
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- References No definition available.
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- Definition The entire disclosure for commitments and contingencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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