Annual report pursuant to Section 13 and 15(d)

COMMITMENTS AND CONTINGENCIES

v3.8.0.1
COMMITMENTS AND CONTINGENCIES
 12 Months Ended
Dec. 31, 2017
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES

NOTE 12 - COMMITMENTS AND CONTINGENCIES

 

Operating Lease Commitments

 

Future commitments under non-cancellable operating leases with terms longer than one year for office and warehouse space as of December 31, 2017 are as follows:

 

Year        
2018     $ 242,600  
2019       139,800  
2020       48,900  
2021 and after       —  
Total     $ 431,300  

 

For the years ended December 31, 2017 and 2016, rent expense was $317,000 and $244,800, respectively.