Note 10 - Commitments and Contingencies

12 Months Ended

Dec. 31, 2012

Commitments and Contingencies Disclosure [Text Block]

Note 10: Commitments and Contingencies

Operating leases

Total rent expense associated with our real estate operating leases was $764,215 and $978,475 for the years ended December 31, 2012 and 2011, respectively.  Onvia also has a non-cancellable operating lease for office equipment, which expires in July 2014.

Future minimum lease payments required on non-cancellable operating leases are as follows for the years ending December 31:

	Real Estate Operating Leases		Office Equipment Operating Lease		Total Operating Leases
2013		1,011,903		18,251		1,030,154
2014		1,042,260		10,647		1,052,907
2015		894,171		-		894,171
	$	2,948,334	$	28,898	$	2,977,232

Capital Leases

In December 2011, Onvia entered into non-cancellable capital leases for server equipment and maintenance related to this equipment.  Remaining future minimum lease payments required on these capital leases are as follows for the year ended December 31:

	Principal		Interest		Total
2013		94,081		1,950		96,031
	$	94,081	$	1,950	$	96,031

Purchase Obligations

Onvia has non-cancellable purchase obligations for software development and license agreements, co-location hosting arrangements, telecom agreements, marketing agreements and third-party content agreements.  The agreements expire in dates ranging from 2013 to 2016.  Future required payments under these non-cancellable agreements are as follows for the years ending December 31:

	Purchase Obligations
2013		865,909
2014		578,095
Thereafter		481,242
	$	1,925,246

Legal Proceedings

From time to time, legal proceedings may arise in the ordinary course of business.  Although the outcomes of legal proceedings are inherently difficult to predict, we are not currently involved in any legal proceeding in which the outcome, in our judgment based on information currently available, is likely to have a material adverse effect on our business or financial position.