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Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2012

Summary of listing of properties leased pursuant to non-cancelable operating leases

Location	Annual Lease Cost		Lease Expiration Date

Lee, MA	$	151,404	Monthly
Tel Aviv, Israel		312,000	Jan. 2014
Princeton, NJ		104,628	Dec. 2014
Cupertino, CA		513,948	Jul. 2016
Tucson, AZ		8,400	Jun. 2014
London, UK		47,880	Monthly
Frankfurt, Germany		34,440	Monthly
Taipei, Taiwan		12,000	Monthly
Orvault, France		13,560	Mar. 2018

Total	$	1,198,260

Schedule of future minimum lease payments under non-cancelable operating leases (with initial or remaining lease terms in excess of one year)

Future minimum lease payments under non-cancelable operating leases (with initial or remaining lease terms in excess of one year) as of December 31, 2012 are as follows:


2013	$	964,496
2014		732,464
2015		620,593
2016		378,905
Thereafter		15,823

Total minimum lease payments	$	2,712,281

Schedule of future minimum lease payments under non-cancelable capital lease


Total minimum lease payments	$	45,808
Less: Amount representing interest		(1,150	)

Balance at December 31, 2012	$	44,658

- Definition

Tabular disclosure of a lessee's leasing arrangements including: (1) the basis on which contingent rental payments are determined, (2) the existence and terms of renewal or purchase options and escalation clauses, (3) restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, (4) rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. Disclosure may also include the specific period used to amortize material leasehold improvements made at the inception of the lease or during the lease term. Additionally, for operating leases having initial or remaining noncancelable lease terms in excess of one year: (a) future minimum rental payments required as of the date of the latest balance sheet presented, in the aggregate and for each of the five succeeding fiscal years, (b) the total of minimum rentals to be received in the future under noncancelable subleases as of the date of the latest balance sheet presented, and (c) for all operating leases, rental expense for each period for which an income statement is presented, with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included.

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