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Leases
6 Months Ended
Jun. 30, 2016
Leases [Abstract]  
Leases

7. Leases

 

The Company leases its office and warehouse facilities in Boynton Beach, Florida under a long-term non-cancellable lease agreement, which contains renewal options and rent escalation clauses. As of June 30, 2016, a security deposit of $34,970 is included in noncurrent assets in the accompanying balance sheet. On September 27, 2012 the Company entered into a non-cancellable six-year lease agreement for the same facilities commencing August 1, 2013 and expiring July 31, 2019. The total minimum lease payments over the term of the current lease amount to $967,477.

 

In January 2015 the Company entered into a capital lease for office equipment in the amount of $15,020.