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Commitments and Contingencies
6 Months Ended
Jun. 30, 2017
Commitments And Contingencies Disclosure [Abstract]  
Commitments and Contingencies

6.

Commitments and Contingencies

Operating Leases

The Company leases office space in Oakwood Village, Ohio and Mountain View, California under non-cancellable operating leases. At June 30, 2017, the future minimum payments for the operating leases are as follows (in thousands):

 

Year Ending December 31,

 

Future Minimum

Payments

 

The remainder of 2017

 

$

578

 

2018

 

 

1,188

 

2019

 

 

1,079

 

Total future minimum payments

 

$

2,845

 

 

Contingencies

The Company is subject to claims and assessments from time to time in the ordinary course of business. The Company records a provision for a liability when it believes that it is both probable that a liability has been incurred and the amount can be reasonably estimated. Significant judgment is required to determine both probability and the estimated amount.

In the normal course of business, the Company may become involved in legal proceedings. The Company will accrue a liability for such matters when it is probable that a liability has been incurred and the amount can be reasonably estimated. When only a range of possible loss can be established, the most probable amount in the range is accrued. If no amount within this range is a better estimate than any other amount within the range, the minimum amount in the range is accrued. The accrual for a litigation loss contingency might include, for example, estimates of potential damages, outside legal fees and other directly related costs expected to be incurred. At June 30, 2017 and December 31, 2016, the Company was not involved in any material legal proceedings.

Purchase Commitments

At June 30, 2017 and December 31, 2016, the Company had no outstanding firm purchase commitments.