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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2015
Commitments and Contingencies  
Schedule of future minimum payments under the non-cancelable operating and capital leases

 

 

Operating leases

The Company leases office and laboratory space in Monrovia, CA. In January 2015, we entered into a new lease agreement for the property. The new lease replaces the previous lease and extends our lease term to June 2020 with an option to renew for an additional five years. The new lease is a non-cancelable operating lease.

 

The Company also leases office space in San Diego, CA. In February 2015, we entered into an amended lease agreement for the San Diego property. The amended lease replaces the previous lease and provides for additional space in a building located in the same multi-building development. The amended lease expires in April 2018 and includes an option to renew for a period of one year. At December 31, 2015 the future minimum lease payments under the operationg leases were as follows:

 

 

 

 

 

 

    

 

 

 

 

 

Operating

 

Years ending December 31,

 

Leases

 

2016

 

$

679

 

2017

 

 

699

 

2018

 

 

602

 

2019

 

 

581

 

2020

 

 

299