• Filing Date: 2019-02-14
  • Form Type: 10-Q
  • Description: Quarterly report
v3.10.0.1
E. COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]  
Future minimum lease payments under the San Tomas lease
 Nine months ending September 30, 2019      $ 1,360,000  
 Year ending September 30,        
 2020     1,872,000  
 2021     1,937,000  
 2022     2,004,000  
 2023     2,073,000  
 2024     2,145,000  
 Thereafter     9,540,000  
 Total future minimum lease obligation     20,931,000  
 Less imputed interest on financing obligation     (7,517,000 )
 Net present value of lease financing obligation   $ 13,414,000  
Schedule of future minimum payments under operating leases
Nine months ending September 30, 2019   $ 194,000  
Year ending September 30,        
2020     238,000  
2021     163,000  
2022     69,000  
Total   $ 664,000