purchases of short-term marketable securities , net of sales of short-term marketable securities during the quarter .
additionally , we incurred $ 3.8 million related to cash expenditures for property and equipment primarily on computer software projects and manufacturing equipment related to our expansion in ireland .
our financing activities during the year ended march 31 , 2009 provided cash of $ 46.2 million as compared to $ 2.1 million during the same period in the prior year .
cash provided by financing activities for the year ended march 31 , 2009 was primarily comprised of $ 42.0 million in net proceeds related to our august 2008 public offering and $ 5.0 million attributable to the exercise of stock options and proceeds from our employee stock purchase plan .
capital expenditures for fiscal 2010 are estimated to be $ 2.5 to $ 3.0 million , which relate primarily to our planned manufacturing capacity increases for impella in germany , our expansion in ireland , and software development projects .
our liquidity is influenced by our ability to sell our products in a competitive industry and our customers 2019 ability to pay for our products .
factors that may affect liquidity include our ability to penetrate the market for our products , maintain or reduce the length of the selling cycle , and collect cash from clients after our products are sold .
exclusive of activities involving any future acquisitions of products or companies that complement or augment our existing line of products , we believe that current available funds and cash generated from operations will provide sufficient liquidity to meet operating requirements for the foreseeable future .
we believe that our existing cash balances and cash flow from operations will be sufficient to meet our projected capital expenditures , working capital , and other cash requirements at least through the next 12 months .
we continue to review our long-term cash needs on a regular basis .
currently , we have no debt outstanding .
contractual obligations and commercial commitments the following table summarizes our contractual obligations at march 31 , 2009 and the effects such obligations are expected to have on our liquidity and cash flows in future periods .
payments due by fiscal year ( in $ 000 2019s ) contractual obligations total than 1 than 5 .

Payments Due By Fiscal Year  (in $000’s)
Contractual Obligations
Total
Less than 1 Year
1-3 Years
3-5 Years
More than 5 Years
Operating Lease Commitments
$10,690
$2,313
$4,267
$2,592
$1,518
Contractual Obligations (1)
9,457
4,619
4,838
—
—
Total Obligations
$20,147
$6,932
$9,105
$2,592
$1,518

( 1 ) contractual obligations represent future cash commitments and expected liabilities under agreements with third parties for clinical trials .
we have no long-term debt , capital leases or other material commitments for open purchase orders and clinical trial agreements at march 31 , 2009 other than those shown in the table above .
in may 2005 , we acquired all the shares of outstanding capital stock of impella cardiosystems ag , a company headquartered in aachen , germany .
the aggregate purchase price excluding contingent payments , was approximately $ 45.1 million , which consisted of $ 42.2 million of our common stock , $ 1.6 million of cash paid to certain former shareholders of impella and $ 1.3 million of transaction costs , consisting primarily of fees paid for financial advisory and legal services .
at the time of the transaction , we agreed to make additional contingent payments to impella 2019s former shareholders based on additional milestone payments related to product sales and fda approvals in the amount of up to $ 16.8 million .
in january 2007 upon the sale of 1000 impella units , we paid $ 5.6 million in the form of common stock .
in june 2008 we received 510 ( k ) clearance of our impella 2.5 , and we paid $ 5.6 million in the form of common stock .
in april 2009 , we received 501 ( k ) clearance of our impella 5.0 , triggering an obligation to make the final$ 5.6 million milestone payment .
on may 15 , 2009 , we paid $ 1.75 million of this final milestone in cash and elected to pay the remaining amount through the issuance of approximately 664612 shares of our common stock .
this contingent payment will result in an increase to the carrying value of goodwill .
in june 2008 , we amended the lease for our facility in danvers , massachusetts .
the amendment extended the lease from february 28 , 2010 to february 28 , 2016 .
the lease continues to be accounted for as an operating lease .
the amendment changed the rent payments under the lease from $ 64350 per month to the following schedule : 2022 the base rent for july 2008 through october 2008 was $ 0 per month ; 2022 the base rent for november 2008 through june 2010 is $ 40000 per month ; 2022 the base rent for july 2010 through february 2014 will be $ 64350 per month ; and 2022 the base rent for march 2014 through february 2016 will be $ 66000 per month. .

Question: Analyse this data from a financial earnings document. what portion of contractual obligations is expected to be paid within 12 months?
Choices:
0.48842
14076
2.04741
0.5073
1359.48214
Correct choice index: 0