Quarterly report pursuant to Section 13 or 15(d)

11. Commitments and Contingencies (Tables)

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11. Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2014
Commitments And Contingencies Tables  
Future minimum maintenance fee payments

Future minimum maintenance fee payments are as follows:

 

For the year ended December 31      
2014   $ 150,000  
2015     300,000  
2016     300,000  
2017     300,000  
2018     300,000  
2019     300,000  
Thereafter     1,750,000  
    $ 3,400,000  
Future minimum lease payments under these non-cancelable leases

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

 

2014   $ 31,914  
2015     4,004  
    $ 35,918