−Removed: principal executive office is located at 27 Castilian Dr., Goleta, CA.
−Removed: We pay an annual rent of $161,070.
−Removed: February 22, 2021, we entered into a triple-net lease agreement with SBR Associates LP for the commercial building at 27 Castilian Dr.
−Removed: Goleta, CA for a term of five years, that began on April 1, 2021.
−Removed: The base rent for this property is $13,013.75 per month, with a CPI
−Removed: escalation over the initial base rent over the term of the lease.
−Removed: The lease expires on March 31, 2026 with the option to renew the lease
−Removed: with reasonable notice.
−Removed: March 15, 2021, we entered into a month-to-month agreement to sublease a portion of this property to the previous tenant at a base rental
−Removed: rate of $13,013.75 per month.
−Removed: The sublease was amended on May 17, 2021 to sublease a smaller portion of the property at a base rental
−Removed: rate of $8,400 per month effective June 1, 2021.
−Removed: The sublease was amended again on February 7, 2022 to sublease a smaller portion of
−Removed: the property at a base rental rate of $6,930 per month effective March 1, 2022.
−Removed: The sublease was amended again on May 17, 2022 to sublease
−Removed: a smaller portion of the property at a base rental rate of $5,200 per month effective June 1, 2022.
+Added: Our principal executive office is located at
+Added: 27 Castilian Dr., Goleta, California.
+Added: Effective February 22, 2021, we entered into a triple-net lease agreement with SBR Associates LP
+Added: for the commercial building at 27 Castilian Dr.
+Added: Goleta, California for a term of five years, which began on April 1, 2021.
+Added: rent for this property is $13,673 per month, with a CPI escalation over the initial base rent over the term of the lease.
+Added: The lease expires
+Added: on March 31, 2026, with the option to renew the lease with reasonable notice.
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.