COMMITMENTS

Commitments

Certain wafer manufacturers require the Company to forecast wafer starts several months in advance. The Company is committed to take delivery of and pay for a portion of forecasted wafer volume. As of the end of 2017 and 2016, the Company had $1.1 million and $1.6 million respectively, of outstanding commitments for the purchase of wafer inventory.

The Company has purchase obligations with certain suppliers for the purchase of goods and services entered into in the ordinary course of business. As of December 31, 2017, total outstanding purchase obligations due within the next 12 months were $1.6 million.

The Company leases its primary facility under a non-cancelable operating lease that expires on December 31, 2018. In addition, the Company rents development facilities in India as well as sales offices in Europe and Asia. Total rent expense, net of sublease income, during 2017, 2016 and 2015 was approximately $866,000, $834,000 and $878,000 respectively.

Operating Lease obligations

Future minimum lease commitments under the Company's operating leases, net of sublease income and excluding property taxes and insurance are as follows:



	Operating Leases
	(in thousands)
Fiscal Years
2018	$	835
2019	171
2020	176
2021	88
	$	1,270

Capital Lease obligations

The Company leases various design software under capital leases typically with a two or three year terms. Future minimum lease commitments under the Company's capital lease are as follows:



	Capital leases
	(in thousands)
Fiscal Years
2018	$	299
2019	355
	$	654