What changed in this filing

/stocks — the workspaceLOADING

Item 2. Properties

2022-03-31 compared with 2021-03-16 · 23 added, 10 removed, 2 unchanged (94% of the section changed)

OmniMetrix’s

activities are currently conducted in approximately 21,000 square feet of office and production space in the Hamilton Mill Business

Park located in Buford, Georgia under a lease that has been extended from its original expiration date of April 30, 2020 to September

The annual total of rent payments in 2020 was approximately $78,000 which reflects eight months of rent and four free

months for which the expense is amortized over the term of the lease.

For 2021, the annual rent payments will

be approximately $119,000.

OmniMetrix is currently utilizing only a portion of these leased facilities and expects to grow into

a portion of the currently unused space and potentially sublease several available executive office spaces.

activities are currently conducted in approximately 21,000 square feet of office and production space in the Hamilton Mill Business Park

located in Buford, Georgia under a lease that expires, unless otherwise extended, on September 30, 2025.

The annual total of rent payments

in 2021 was approximately $118,000.

For 2022, the annual rent payments will be approximately $121,000.

OmniMetrix is currently utilizing

only a portion of these leased facilities and expects to grow into a portion of the currently unused space.

July 6, 2021, the Company entered into an agreement with King Industrial Realty, Inc.

to sublease from the Company 1,900 square feet

of the unused office space for a monthly sublease payment of $2,375 which includes the base rent plus a pro-rata share of utilities,

property taxes and insurance.

Fifty percent of any excess rent received above the per square foot amount that the Company pays will be

remitted to the Company’s landlord less the allocation of any shared expenses and leasehold improvements specific to the sublease.

The Company invested approximately $7,000 on leasehold improvements related to the sublease.

Due to the offset of the capital expenditures,

the Company does not expect to have any net rent due to its landlord for the first twelve months of the sublease.

The estimated amount

the Company expects to remit to the landlord each year of the sublease subsequent to the first twelve months is approximately $6,700

The sublease commenced on October 1, 2021 and will run through September 30, 2025 which is the end of the Company’s lease

term with its landlord.

Below are the future payments expected under the sublease net of the estimated annual service cost of $2,220

(gross of the estimated amount we expect to remit to our landlord):

undiscounted cash flows

LEGAL PROCEEDINGS

MINE SAFETY DISCLOSURES

Not applicable.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 2. Properties