Note 5 - Commitments and Contingencies
|6 Months Ended|
Jun. 30, 2019
|Notes to Financial Statements|
|Commitments and Contingencies Disclosure [Text Block]||
5.Commitments and Contingencies
We currently operate
onefacility located in the United States and
onefacility located in China. Our corporate offices and primary research facilities are located in Germantown, Maryland, where we lease approximately
1,500square feet. This lease provides for monthly payments of approximately
$5,700per month. Our prior lease expired on
December 31, 2018.We are currently operating on a month-to-month lease as we negotiate an extension.
2015,we entered into a lease consisting of approximately
3,100square feet of research space in San Diego, California. This lease provides for current monthly payments of approximately
$13,000and expires on
August 31, 2019.In
April 2018,we entered into an agreement for the sub-lease this property. Total minimum rentals to be received under the sub-lease are
June 30, 2019.
We also lease a research facility in People’s Republic of China. This lease expires on
September 30, 2019with lease payments of approximately
From time to time, we are parties to legal proceedings that we believe to be ordinary, routine litigation incidental to the business. We are currently
nota party to any litigation or legal proceeding.
The entire disclosure for commitments and contingencies.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef