COMMITMENTS AND CONTINGENCIES (Tables)

3 Months Ended

Jun. 30, 2012

Facilities at 6797 Winchester Circle, Boulder, Colorado

Commitments and contingencies

Schedule of minimum future lease payments, by fiscal year

The minimum future lease payment, by fiscal year, as of June 30, 2012 is as follows:

Fiscal Year	Amount
2013 (nine months remaining)	226,102
2014	320,080
2015	108,303
Total	$	654,485

Equipment leases with General Electric Capital Corporation

Commitments and contingencies

Schedule of minimum future lease payments, by fiscal year

Our minimum future equipment lease payments with General Electric Capital Corporation as of June 30, 2012, by fiscal year, are as follows:

Fiscal Year	Amount
2013 (nine months remaining)	76,405
2014	8,488
Total	$	84,893