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integral

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integral

Re: I-Glow post# 129733

Friday, 12/01/2017 9:20:50 AM

Friday, December 01, 2017 9:20:50 AM

Post# of 223584

Rent expense

We lease administrative offices in Houston, Texas under a lease which expires on March 31, 2019. Rent expense for the three months ended September 30, 2017 and 2016 was $10,584 and $10,786, and for the nine months ended September 30, 2017 and 2016 was $31,564 and $30,677, respectively. The remaining rental obligation under the lease is $9,336 in the remainder of 2017, $40,680 in 2018 and $10,248 in 2019.



Rent Expense, not too bad. But for only two execs? How many support staff? One office Admin? Whether three of seven, still not bad.
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