Commitments and Contingencies

3 Months Ended

Sep. 30, 2018

Commitments and Contingencies

Commitments and Contingencies

NOTE 11 – Commitments and Contingencies

The Company leases land, facilities, and equipment under various non-cancellable operating lease agreements expiring through 2022, which contain various renewal options.  The Company also leases equipment and a building under non-cancellable capital lease agreements expiring through 2024.  The capital leases have interest rates ranging from 2.95% to 8.72%.

From time to time, the Company is a party to various litigation matters incidental to the conduct of its business.  As of September 30, 2018, the Company is not presently a party to any legal proceedings, the resolution of which, management believes, would have a material adverse effect on its business, operating results, financial condition, or cash flows.