The lease for office space in Warwick, RI calls for
monthly payments of $2,324 beginning February 1, 2015 which escalates to $2,460 on February 1, 2017. This lease commenced on February
1, 2015 and continues through January 31, 2019.
The
lease for office space in Melville, NY, calls for monthly payments of $3,498 beginning July 1, 2016. This lease commenced on June
1, 2016 and continues through December 31, 2017.
A
second location that was part of the acquisition is also located in Melville, calls for monthly payments of $8,138 with a lease
terminating in August 31, 2019.
Amount of rent expense incurred for leased assets, including but not limited to, furniture and equipment, that is not directly or indirectly associated with the manufacture, sale or creation of a product or product line.
Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
Rental expense for the reporting period incurred under operating leases, including minimum and any contingent rent expense, net of related sublease income.