NOTE 9. COMMITMENTS AND CONTINGENCIES |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2017 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Notes to Financial Statements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NOTE 9. COMMITMENTS AND CONTINGENCIES |
Operating Leases
The Company leases its office space under a long-term operating lease expiring in June 2019. Rent expense under this lease was $26,210 and $26,210 for the six months ended June 30, 2017 and June 30, 2016, respectively.
As of December 31, 2016, future minimum annual payments under operating lease agreements for years ending December 31 are as follows.
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