−Removed: address of our principal executive offices is 205 SE Davis Ave., Suite C, Bend, Oregon 97702.
−Removed: We do not maintain offices at this address
−Removed: and do not own or lease office or other space in the United States.
−Removed: Each of our U.S.
−Removed: employees works remotely and we pay for meeting
−Removed: and office space on an as needed basis with no long-term commitment.
−Removed: May 10, 2024, we entered into a ten-year lease for the 50,000 square-foot Peru Facility.
−Removed: The lease of the Peru Facility requires monthly
−Removed: lease payments of $8,000 in the first two years of the lease, $20,000 in the third year of the lease, $22,000 in the fourth year of the
−Removed: lease, $24,000 in the fourth year of the lease, and $25,000 thereafter.
−Removed: The lease also has a 10-year renewal option, and a buy-out option
−Removed: under which we may purchase the Peru Facility for $1,865,456.
−Removed: believe that our current facilities are adequate for our current needs.
−Removed: Legal Proceedings
−Removed: time to time, we may be involved in various disputes and litigation matters that arise in the ordinary course of business.
−Removed: currently engaged in any material legal proceedings.
−Removed: MINE SAFETY DISCLOSURES
+Added: principal executive office is located at 205 SE Davis Ave., Suite C, Bend, Oregon 97702.
+Added: We do not maintain a dedicated office at this
+Added: location and do not own or lease office or other physical facilities in the United States.
+Added: Our U.S.-based employees work remotely, and
+Added: we utilize meeting and office space on an as-needed basis without long-term lease commitments.
+Added: operate a manufacturing facility located in Pisco, Peru, which is used for the production of our products and is operated through our
+Added: wholly owned subsidiary.
+Added: The facility is currently leased and the lease includes a purchase option.
+Added: In connection with the bankruptcy
+Added: of the property owner, we acquired the first mortgage position on the facility.
+Added: We believe this facility is suitable and adequate for
+Added: our current operations and anticipated near-term needs.
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.