Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Commitments and Contingencies

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Note 5 - Commitments and Contingencies
6 Months Ended
Jun. 30, 2019
Notes to Financial Statements  
Commitments and Contingencies Disclosure [Text Block]
Note
5.
Commitments and Contingencies
 
We currently operate
one
facility located in the United States and
one
facility located in China. Our corporate offices and primary research facilities are located in Germantown, Maryland, where we lease approximately
1,500
square feet. This lease provides for monthly payments of approximately
$5,700
per month. Our prior lease expired on
December 31, 2018.
We are currently operating on a month-to-month lease as we negotiate an extension.
 
In
2015,
we entered into a lease consisting of approximately
3,100
square feet of research space in San Diego, California. This lease provides for current monthly payments of approximately
$13,000
and 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
$27,100
at
June 30, 2019.
 
We also lease a research facility in People’s Republic of China. This lease expires on
September 30, 2019
with lease payments of approximately
$3,800
per month.
 
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
not
a party to any litigation or legal proceeding.