COMMITMENTS AND CONTINGENCIES (Tables)

3 Months Ended

Jun. 30, 2013

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, 2013 is as follows:

Fiscal Year	Amount
2014 (nine months remaining)	$	240,060
2015	108,303
Total	$	348,363

Equipment leases with General Electric Capital Corporation

Commitments and contingencies

Schedule of minimum future capital equipment lease payments

Our minimum future capital equipment lease payments with General Electric Capital Corporation as of June 30, 2013, by fiscal year, are as follows:

Fiscal Year	Amount
2014 (nine months remaining)	$	57,155
2015	76,207
2016	53,470
2017	4,283
Total	191,115
Less portion representing interest	(23,351		)
Present value of minimum lease payment	167,764
Less current portion	(46,850		)
	$	120,914