6 unchanged sentences
The sublease commenced on December 1, 2022 and has a lease term of 29 months.
−Removed: Our equipment leases are for devices used in our research and development efforts.
+Added: The R&D and Manufacturing Facility and the Subleased Facility are collectively referred to herein as the “Donley Facilities.”
+Added: On January 20, 2025, the Company entered into a lease extension to extend the terms of the leases associated with the Donley Facilities effective May 1, 2025 (“Donley Facilities Lease Extension”).
+Added: We are currently continuing to lease on a month-to-month basis.
+Added: The monthly rent for the Donley Facilities will be $14,186 during the extension period.
+Added: On January 29, 2025, we entered into a new lease agreement for a facility of approximately 17,628 square feet in Austin, Texas (the “Metric facility”) for a term of 89-months, which such term commences July 1, 2025.
+Added: The Metric facility is intended to support and encompass all Austin based functions.
+Added: Our total contractual base rent obligation for the Metric facility is approximately $3.0 million, less a tenant allowance of $317.3 thousand.
+Added: Our equipment lease is for a device used in our research and development efforts.
We believe that our current facilities and equipment are well maintained and in good condition.
The facilities and equipment are adequate for our present needs but not for our currently foreseeable needs.
−Removed: We anticipate relocating to a larger facility during fiscal year 2025.
+Added: We expect that we will be relocating to the Metric facility during fiscal year 2026.
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.