Item 2. Properties
Item 2. Properties
The following table presents the approximate square footage of our significant leased facilities as of April 27, 2024:
(Square Feet)
Locations Primary Use Leased Facilities (1)
United States Research and design, sales and marketing, administration and operations 88,896
Mainland China Research and design, administration and operations 66,929
Taiwan Research and design, administration and operations 52,057
Hong Kong Administration and operations 7,088
Total 214,970
(1) Lease terms expire in various years from 2024 through 2030, and generally include renewals at our option.
We also lease smaller facilities in various domestic and international locations, which are occupied by administrative and sales personnel. We believe that our existing facilities are sufficient for our current needs. We intend to add new facilities and expand our existing facilities as we continue to add employees and grow our business. We believe that new spaces will be available at reasonable terms in the future in order to meet our needs.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.