Quarterly report pursuant to Section 13 or 15(d)

11. Commitments and Contingencies (Tables)

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11. Commitments and Contingencies (Tables)
 3 Months Ended
Mar. 31, 2014
Commitments And Contingencies Tables  
Future minimum maintenance fee payments

Future minimum maintenance fee payments are as follows:

 

Twelve months ended March 31,      
2014   $ 225,000  
2015     300,000  
2016     300,000  
2017     300,000  
2018     300,000  
2019     300,000  
Thereafter     1,975,000  
    $ 3,475,000  

Future minimum lease payments under these non-cancelable leases

Future minimum lease payments under these non-cancelable leases are approximately as follows:

 

2014   $ 25,620  
2015     4,004  
    $ 29,624