XML 72 R16.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 10 - Commitments
12 Months Ended
Jun. 30, 2012
Commitments and Contingencies Disclosure [Text Block]
Note 10 – Commitments

Qualstar’s lease agreement for its facility located in Simi Valley, California, expires in December 2015. Rent on this facility is $40,000 per month with a step-up of 3% annually. The Company provides for rent expense on a straight-line basis over the lease term.

(See footnote 16, “Subsequent Events”)

Future minimum lease payments under these leases are as follows:

Year Ending June 30,
 
Minimum Lease Payment
 
   
(in thousands)
 
2013
    503  
2014
    518  
2015
    534  
2016
    273  
    $ 1,828  

Rent expense (including equipment rental) for the years ended June 30, 2012, 2011, and 2010, was $691,000, $625,000 and $665,000, respectively.