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Commitments and Contingencies
3 Months Ended
Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies

Note 15: Commitments and Contingencies

 

Litigation

 

The Company may from time to time be involved in legal proceedings arising from the normal course of business. The Company is not a party to any litigation of a material nature.

 

Operating Leases and Service Contracts

 

The Company rents its facilities with leases ranging from month-to-month to several years in duration. Most of its service contracts are on a month-to-month basis, however, some contracts and agreements extend out to longer periods. Future minimum lease payments and payments due under non-cancelable service contracts are as follows as of March 31, 2017:

 

Remainder of 2017   $ 477,214  
2018     448,918  
2019     373,015  
2020     382,884  
2021     292,843  
2022     -  
Thereafter     -  
Total   $ 1,974,874  

 

Employment Agreements

 

The Company has employment agreements with several members of its leadership team and executive officers.