Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies

v2.4.1.9
Commitments and Contingencies
9 Months Ended
Dec. 31, 2014
Commitments and Contingencies [Abstract]  
Commitments and Contingencies
7.
Commitments and Contingencies
 
The Company has several non-cancelable operating leases, primarily for general office space, that expire over the next four years.  The Company has no capital leases at this time. Future minimum lease payments under these leases are as follows:


Year Ending March 31,
 
Operating
Leases
 
     
2015
 
$
31
 
2016
   
126
 
2017
   
129
 
2018
   
54
 
Thereafter
   
-
 
Total minimum lease payments
 
$
340
 

Most leases provide for the Company to pay real estate taxes and other maintenance expenses. Rent expense for operating leases related to discontinued operations, net of sublease income, was $0 during each of the three and nine months ended December 31, 2014, and 2013, respectively.  Rent expense for operating leases related to continuing operations, net of sublease income, was $32 and $97, during the three and nine months ended December 31, 2014, respectively.  Rent expense for operating leases related to continuing operations, net of sublease income, was $30 and $100, during the three and nine months ended December 31, 2013, respectively.