Quarterly report pursuant to Section 13 or 15(d)

Operating Lease

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Operating Lease
9 Months Ended
Sep. 30, 2015
Operating Lease [Abstract]  
Operating Lease

7. Operating Lease

 

On November 29, 2011, the Company entered into an operating lease agreement for its headquarters and manufacturing facility in Richmond, California. The lease term commenced in March 2012 and expires in May 2017. The lease provides the Company with one option to renew for five additional years.

 

Future minimum operating lease payments are as follows as of September 30, 2015:

  

2015 (remainder of year)   $ 94  
2016     375  
2017     157  
Total   $ 626  

 

Rent expense under the Company's operating leases was $86 and $86 for the three month periods ended September 30, 2015, and 2014, respectively and was $258 and $257 for the nine month periods ended September 30, 2015, and 2014, respectively.