COMMITMENTS AND CONTINGENCIES |
6 Months Ended | ||
|---|---|---|---|
Jun. 30, 2015 | |||
| Commitments and Contingencies Disclosure [Abstract] | |||
| COMMITMENTS AND CONTINGENCIES |
Operating Leases
Until June 2015, the Company leased office space in Hollywood, California under an operating lease which provided for monthly rent of $14,805 through July 31, 2015. In June 2015, the Company moved its offices to a new location in West Hollywood, California under a new operating lease which provides for monthly rent of $6,700 through June 25, 2016. The Company had total rent expense for the three months ended June 30, 2015 and 2014 of $62,158 and $30,928, respectively. The Company had total rent expense for the six months ended June 30, 2015 and 2014 of $111,808 and $51,168, respectively.
The Company had lease agreements to display its bBooth units in various shopping malls through the United States, which provided for monthly lease payments ranging from $3,500 to $12,000 extending through May 2015. The total expense relating to these lease agreements for the three months ended June 30, 2015 and 2014 amounted to $17,050 and $0, respectively. The total expense relating to these lease agreements for the six months ended June 30, 2015 and 2014 amounted to $171,400 and $0, respectively.
|