AMERICAN SUPERCONDUCTOR CORP /DE/ 10-K

Item 2. PROPERTIES Our corporate headquarters and Grid manufacturing operations are located in a leased 88,000-square-foot facility in Ayer, Massachusetts. Additionally, we have Grid manufacturing operations located in a leased 77,500 square-foot facility in Westminster, Massachusetts, and a 43,000 square-foot facility in Silesian, Poland, as well as an owned 35,000 square-foot facility in Queensbury, New York, an owned 126,800 square-foot facility in Bordentown, New Jersey, an owned 85,000 square-foot facility in New Milford, Connecticut, and an owned 19,350 square-foot facility in Roebling, New Jersey. We also occupy leased facilities located in Australia, Austria, India, Wisconsin, Washington, and the United Kingdom with a combined total of approximately 72,000 square feet of space. These leases have varying expiration dates throug h January 2029 w hich can generally be terminated at our request after a six-month advance notice. These locations focus primarily on research and development, sales and/or field service and do not have significant leases or physical presence. We believe all of these facilities are well-maintained and suitable for their intended uses. 35 The following table summarizes information regarding our significant properties, as of March 31, 2025: Location Supporting Square footage Owned/Leased United States Ayer, Massachusetts Corporate & Grid Segment 88,000 Leased Bordentown, New Jersey Grid Segment 126,800 Owned New Milford, Connecticut Grid Segment 85,000 Owned Queensbury, New York Grid Segment 35,000 Owned Roebling, New Jersey Grid Segment 19,350 Owned Westminster, Massachusetts Grid Segment 77,500 Leased Poland Bielsko-Biala, Silesian Grid Segment 43,000 Leased Item 3. LEGAL PROCEEDINGS We are not party to any material legal proceedings. Item 4. MINE SAFETY DISCLOSURES Not Applicable. PART II