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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2016
Commitments And Contingencies Disclosure [Abstract]  
Minimum Real Estate Lease Payments Before Common Area Maintenance Charges

As a result of the amendments, the Company’s annual minimum real estate lease payments before common area maintenance charges, which commenced in February 2016 and continue through 2021, are as follows:

 

2016

 

$

380,963

 

2017

 

 

510,125

 

2018

 

 

512,533

 

2019

 

 

514,977

 

2020

 

 

517,457

 

2021 and beyond

 

 

43,139

 

 

 

$

2,479,194

 

 

Summary of Product Warranty Liability

The following is a summary of the Company’s general product warranty liability for the three months ended March 31, 2016:  

 

Warranty reserve, December 31, 2015

 

$

20,213

 

Cost of warranty claims

 

 

(2,898

)

Warranty accrual

 

 

29,892

 

Warranty reserve, March 31, 2016

 

$

47,207