Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Commitments and Contingencies (Tables)

v3.7.0.1
Note 8 - Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Rental Payments for Operating Leases

As of March 31, 2017, future minimum lease payments are as follows (in thousands):

 

For the Year Ending December 31,      
Remainder of 2017   $ 327  
2018     418  
2019     392  
2020     268  
2021     —    
Thereafter     —    
Total minimum lease payments   $ 1,405  

 

 

Schedule of Future Minimum Lease Payments for Capital Leases

As of March 31, 2017, the Company’s future minimum lease payments under capital lease agreements, are as follows (in thousands):

 

For the Year Ending December 31,      
Remainder of 2017   $ 133  
2018     161  
2019     113  
2020     51  
2021     —    
Total minimum lease payments     458  
Less amounts representing interest     (31
Present value of minimum lease payments   $ 427  

 

 

Contractual Obligation, Fiscal Year Maturity Schedule

The Company has various non-cancelable endorsement and sponsorship agreements with terms expiring through 2019. The total value of future contractual payments as of March 31, 2017 are as follows (in thousands):

 

    For the Year Ending December 31,    
    Remainder of 2017   2018   2019   2020   2021   Thereafter   Total
Outstanding Payments                                                        
Endorsement   $ 184     $ 2     $ —       $ —       $ —       $ —       $ 186  
Sponsorship     1,810       2,460       1,040       —         —         —         5,310  
Total future payments   $ 1,994     $ 2,462     $ 1,040     $ —       $ —       $ —       $ 5,496