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10. Commitments (Tables) (Q2)
15 Months Ended 6 Months Ended
Mar. 31, 2014
Jun. 30, 2014
Quarter 2 [Member]
Licensing and Royalty Agreement
Year Ended December 31,   
 2014   $—   
 2015    2,800,000 
 2016    3,300,000 
 2017    3,600,000 
 Total   $9,700,000 
Net Sales in Contract Year  Percentage of the Contract Year Net Sales owed to GE
      
$0 - $50,000,000   7%
$50,000,001 - $100,000,000   6%
$100,000,001 +   5%

 

For Net Sales Made  Payment Due Date
    
December 1 - February 28/29  26 - Mar
March 1 - May 30  26 - Jun
June 1 - August 31  26 - Sep
September 1 - November 30  26 - Dec
Minimum Rent Obligations
 2014   $81,000 
 2015    83,000 
 2016    86,000 
 2017    22,000 
 Total   $272,000 
 2014 (9 months)   $61,000 
 2015    83,000 
 2016    86,000 
 2017    22,000 
 Total   $252,000