Common use of COMMITMENTS AND CONTINGENCIES Clause in Contracts

COMMITMENTS AND CONTINGENCIES. As of June 30, 2015, future minimum net payments under all operating leases are as follows (in thousands): Six months ending December 31, 2015 $ 87 $ 24 $ 111 Years ending December 31, 2017 — — — Total minimum net payments $ 87 $ 24 $ 111 Less: amount representing interest — Present value of net minimum payments 111 Less: current portion (111 ) Long-term portion of capital lease obligations $ — In August 2009, the Company entered into an agreement to sublease office space for its headquarters in San Francisco, California, under an operating lease that commenced in November 2009 and expires on December 30, 2014. In July 2012, the Company entered into an agreement to sublease this subleased office space under terms generally equivalent to its existing commitment for a term that commenced in August 2012 and expires in December 2014. In August 2013, the Company leased office space of approximately 2,341 square feet for its corporate office in San Francisco, California under a five year lease that commenced in September 2014 and expires on August 31, 2018. On October 15, 2014, the Company terminated this lease, closed the office and was released from all obligations under this lease. The Company leases office space in Los Angeles, California of approximately of 4,803 square feet. The lease expires in August 2015. The Company entered into a 30-month operating lease agreement for various network operating equipment beginning in the fourth quarter of 2013. Rent expense under all operating leases was not significant for each of the three months ended June 30, 2015 and 2014, respectively.

COMMITMENTS AND CONTINGENCIES. As of June 30December 31, 20152014, future minimum net payments under all operating leases leases, net of related subleases, are as follows (in thousands): Six months Years ending December 31, 2015 $ 87 $ 24 81 $ 111 Years ending December 31, 168 2017 — — — 2018 — — — Total minimum net payments $ 87 $ 24 81 $ 111 168 Less: amount representing interest — Present value of net minimum payments 111 87 Less: current portion (111 87 ) Long-term portion of capital lease obligations $ — In August 2009, the Company entered into an agreement to sublease office space for its headquarters in San Francisco, California, under an operating lease that commenced in November 2009 and expires expired on December 30, 2014. In July 2012, the Company entered into an agreement to sublease this subleased office space under terms generally equivalent to its existing commitment for a term that commenced in August 2012 and expires expired in December 2014. In August 2013, the Company leased office space of approximately 2,341 square feet for its corporate office in San Francisco, California under a five year lease that commenced in September 2014 and expires on August 31, 2018. On October 15, 2014, the Company terminated this lease, closed the office and was released from all obligations under this lease. The Company leases office space in Los Angeles, California of approximately of 4,803 square feet. The lease expires in July 2015. The Company terminated its lease and closed its Canadian office in Kitchener in August 20152013. The Company entered into a 30-month operating lease agreement for various network operating equipment beginning in the fourth quarter of 20132014. Rent expense under all operating leases was not significant $0.1 million and $0.2 million for each of the three months years ended June 30December 2014, 2015 and 20142013, respectively.

COMMITMENTS AND CONTINGENCIES. As of June 30December 31, 20152014, future minimum net payments under all operating leases leases, net of related subleases, are as follows (in thousands): Six months Years ending December 31, 2015 $ 87 $ 24 81 $ 111 Years ending December 31, 168 2016 - - - 2017 — — — - - - 2018 - - - Total minimum net payments $ 87 $ 24 81 $ 111 168 Less: amount representing interest — - Present value of net minimum payments 111 87 Less: current portion (111 87 ) Long-term portion of capital lease obligations $ — - In August 2009, the Company entered into an agreement to sublease office space for its headquarters in San Francisco, California, under an operating lease that commenced in November 2009 and expires expired on December 30, 2014. In July 2012, the Company entered into an agreement to sublease this subleased office space under terms generally equivalent to its existing commitment for a term that commenced in August 2012 and expires expired in December 2014. In August 2013, the Company leased office space of approximately 2,341 square feet for its corporate office in San Francisco, California under a five year lease that commenced in September 2014 and expires on August 31, 2018. On October 15, 2014, the Company terminated this lease, closed the office and was released from all obligations under this lease. The Company leases office space in Los Angeles, California of approximately of 4,803 square feet. The lease expires in July 2015. The Company terminated its lease and closed its Canadian office in Kitchener in August 20152013. The Company entered into a 30-month operating lease agreement for various network operating equipment beginning in the fourth quarter of 20132014. Rent expense under all operating leases was not significant $0.1 million and $0.2 million for each of the three months years ended June 30December 2014, 2015 and 20142013, respectively.

COMMITMENTS AND CONTINGENCIES. As of June 30December 31, 20152014, future minimum net payments under all operating leases leases, net of related subleases, are as follows (in thousands): Six months Years ending December 31, 2015 $ 87 $ 24 81 $ 111 Years ending December 31, 168 2016 — — — 2017 — — — 2018 — — — Total minimum net payments $ 87 $ 24 81 $ 111 168 Less: amount representing interest — Present value of net minimum payments 111 87 Less: current portion (111 87 ) Long-term portion of capital lease obligations $ — In August 2009, the Company entered into an agreement to sublease office space for its headquarters in San Francisco, California, under an operating lease that commenced in November 2009 and expires expired on December 30, 2014. In July 2012, the Company entered into an agreement to sublease this subleased office space under terms generally equivalent to its existing commitment for a term that commenced in August 2012 and expires expired in December 2014. In August 2013, the Company leased office space of approximately 2,341 square feet for its corporate office in San Francisco, California under a five year lease that commenced in September 2014 and expires on August 31, 2018. On October 15, 2014, the Company terminated this lease, closed the office and was released from all obligations under this lease. The Company leases office space in Los Angeles, California of approximately of 4,803 square feet. The lease expires in July 2015. The Company terminated its lease and closed its Canadian office in Kitchener in August 20152013. The Company entered into a 30-month operating lease agreement for various network operating equipment beginning in the fourth quarter of 20132014. Rent expense under all operating leases was not significant $0.1 million and $0.2 million for each of the three months years ended June 30December 2014, 2015 and 20142013, respectively.