Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies

v3.6.0.2
Commitments and Contingencies
12 Months Ended
Dec. 31, 2016
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):

 

2017   $ 515  
2018     504  
2019     506  
2020     522  
2021     538  
Thereafter     227  
Total minimum lease payments   $ 2,812  

 

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.