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(6) Commitments and Contingencies
12 Months Ended
Dec. 31, 2017
Notes  
(6) Commitments and Contingencies:

(6)  Commitments and Contingencies:

 

Operating Leases

 

The Company leases its facilities under a rental agreement that expires on February 28, 2019.  The rental agreement includes common area maintenance, property taxes and insurance.  

 

Future annual minimum payments under these operating leases are as follows:

 

Years ended

December 31, 2018

             67,704

December 31, 2019

             11,284

Total

$

             78,988

 

Rental expense under operating leases for the years ended December 31, 2017 and 2016 was $52,954 and $56,795, respectively.

 

Litigation

 

We are not party to any material legal proceedings.