Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v3.6.0.2
Commitments and Contingencies (Tables)
 12 Months Ended
Dec. 31, 2016
Commitments And Contingencies Disclosure [Abstract]  
Summary of Contractual Obligations

The following table summarizes our contractual obligations as of December 31, 2016 (in thousands):

 

 

 

Total

 

 

Less than 1 year

 

 

1-3 years

 

 

3-5 years

 

 

More than 5 years

 

Bothell office operating lease

 

$

376

 

 

$

281

 

 

$

95

 

 

$

—

 

 

$

—

 

Vancouver office operating lease

 

$

68

 

 

$

68

 

 

$

—

 

 

$

—

 

 

$

—

 

UBC license maintenance fees

 

$

26

 

 

$

4

 

 

$

9

 

 

$

9

 

 

$

4

 

Leased equipment

 

$

22

 

 

$

19

 

 

$

3

 

 

$

—

 

 

$

—

 

Total

 

$

492

 

 

$

372

 

 

$

107

 

 

$

9

 

 

$

4

 

 
Summary of Future Minimum Annual Lease Payments

The remaining future minimum annual lease payments under the terminated Bothell lease are as follows (in thousands):

 

2017

 

 

281

 

2018

 

 

95

 

Total

 

$

376

 

 
Material Changes in Financial Condition

Material Changes in Financial Condition

 

 

 

December 31,

 

(in thousands)

 

2016

 

 

2015

 

Total Assets

 

$

27,470

 

 

$

58,209

 

Total Liabilities

 

 

8,504

 

 

 

20,769

 

Total Equity

 

 

18,966

 

 

 

37,440