Commitments and Contingencies

12 Months Ended

Dec. 31, 2018

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Operating Lease Commitments

The Company entered into property and equipment leasing arrangements that expire at various times between August 2019 and March 2029, with optional renewal periods. Minimum lease payments range from $1,000 to $28,000 per month and may require additional rent to cover a proportionate share of taxes, maintenance, insurance and other shared expenses. Rents are generally increased annually by fixed amounts, subject to certain maximum amounts defined within individual agreements. Base rent expense under these operating leases for the years ended December 31, 2018 and 2017 were approximately $909,200 and $877,900, respectively.

Future minimum payments by year (excluding related party leases) required under remaining lease obligations consist of the following for fiscal years ending December 31 by geographic region:

	North
	America		Europe		Total
2019	$	630,000	$	186,000	$	816,000
2020		495,000		186,000		681,000
2021		514,000		186,000		700,000
2022		533,000		186,000		719,000
2023		553,000		46,000		599,000
Thereafter		2,385,000		-		2,385,000
Total	$	5,110,000	$	790,000	$	5,900,000

Employment Agreements

The Company has employment agreements with certain executives that set forth compensation levels and provide for severance payments in certain instances.

Litigation

The Company is not involved in any material legal proceedings.