−Removed: Our principal corporate offices, administrative, sales and marketing, R&D and support facilities consist of approximately 79,000 square feet of leased office space, warehouse space and assembly, test space and manufacturing facility for our recuperator cores located at 16640 Stagg Street in Van Nuys, California.
−Removed: This lease has a term of thirty-seven (37) calendar months, which commenced March 2023 and will be terminating in March 2026.
−Removed: We also lease 18,449 square feet of office and manufacturing facilities located at Unit 800 & 810 Fareham Reach, Fareham Road, Gosport,
−Removed: Hampshire, United Kingdom.
−Removed: These leases will expire in May 2037.
−Removed: Management believes these facilities are adequate for our current needs.
+Added: Capstone's principal corporate offices and primary operations facility is located at 16640 Stagg Street, Van Nuys, California.
+Added: This approximately 79,000 square foot facility houses our corporate headquarters, administrative functions, sales and marketing operations, research and development activities, and our manufacturing, assembly, and test operations.
+Added: The Van Nuys facility serves as the operational hub of the Company, capable of producing more than 1GW of power annually.
+Added: In addition, Capstone operates an Integrated Remanufacturing Facility in Gosport, Hampshire, United Kingdom, comprising approximately 9,668 square feet of office and manufacturing space located at Unit 800, Fareham Reach, Fareham Road.
+Added: This facility supports our European and global distributor network by producing new and remanufactured parts, reducing lead times and improving service responsiveness across our international installed base.
+Added: The leases for the Gosport facility expire in May 2036.
+Added: Management believes that our current facilities are adequate to support our operations for the foreseeable future.
+Added: As our data center, ports, and other strategic market initiatives advance, we will continue to evaluate our real property needs and may seek additional or alternative space to support growth in manufacturing capacity, engineering resources, or commercial operations as warranted.
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.