The Company leases office space under operating leases. Lease commitments include a lease for the Company’s corporate headquarters in Bellevue, Washington. The Company operates on this lease under a month-to-month basis. As of January 31, 2016, there are no future minimum commitments under this operating lease.

 

The lease expense for our executive office space for the three-months ended January 31, 2016 and 2015 was $21 and $40, respectively. For the six-months ended January 31, 2016 and 2015 lease expense was $42 and $81, respectively.