−Removed: As of December 28, 2019, all our manufacturing, engineering,
−Removed: sales and administrative operations were and continue to be located in leased facilities in Norton, Massachusetts and Attleboro,
−Removed: Massachusetts.
−Removed: In February 2018, the Company signed a lease for the
−Removed: Norton facilities through December 2020.
+Added: As of December 26, 2020, all our manufacturing, engineering, sales
+Added: and administrative operations were located in leased facilities in Norton, Massachusetts and Attleboro, Massachusetts.
+Added: The Company completed a move out of the Attleboro facility on December
+Added: 31,2020 and now has fully consolidated operations in the Norton facility,
+Added: In February 2021, the Company extended the lease for the Norton facility
+Added: through February 2026.
The leased facilities comprise approximately 38 thousand square feet.
−Removed: lease is a triple net lease wherein the Company is responsible for payment of all real estate taxes, operating costs and
−Removed: The Company also has an option to buy the property and a first right of refusal during the term of the lease.
+Added: The lease is a triple net lease wherein
+Added: the Company is responsible for payment of all real estate taxes, operating costs and utilities.
+Added: The Company also has an option
+Added: to buy the property and a first right of refusal during the term of the lease.
Annual rental payments continue at $152 thousand.
−Removed: In February 2011, the Company entered into a lease for
−Removed: an additional 13.8 thousand square feet in Attleboro, MA.
−Removed: The lease terms have been for one year and have been renewed
−Removed: The current lease expires in February 2020 and the Company has entered into an amended lease expiring December
−Removed: 2020 reducing the leased space to 2.0 thousand square feet to be used primarily for storage.
−Removed: Annual rental payments
−Removed: will now be $24 thousand.
+Added: Legal Proceedings
+Added: We are not a party to any litigation which
+Added: could have a material adverse effect on us or on our business.
+Added: Mine Safety Disclosures
+Added: Not applicable
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.