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Commitments
12 Months Ended
Mar. 31, 2012
Notes to Financial Statements  
Commitments

 

6. Commitments

 

Office rent expense was approximately $145,000 and $113,000 for the years ended March 31, 2012 and 2011, respectively (including building maintenance charges).  The Company is committed to a total of $123,000 for the remaining term on its 6,200 square foot office space located in downtown Denver, Colorado, ending May 31, 2013.

 

The Company also has commitments pertaining to software, phone and copy machine maintenance contracts totaling $18,000, $10,000, and $1,000 for the years ending March 31, 2013, 2014, and 2015, respectively.