−Removed: The Company operates out of several facilities located around the world.
+Added: The Company operates out of several facilities located around the U.S.
Each facility is used for manufacturing its products and for administrative activities.
11 unchanged sentences
The Garden Grove, California facility is leased by the Company’s subsidiary, FEI-Zyfer.
−Removed: The facility consists of a combination office and manufacturing space.
+Added: The facility consists of a combination office and test/assembly areas.
The Company has signed a second amendment to the lease, which extended the lease an additional 88 months, beginning October 1, 2017 and expiring January 31, 2025.
1 unchanged sentence
The Company believes the leased space is adequate to meet FEI-Zyfer’s operational needs.
−Removed: FEI-Elcom entered into a new lease agreement on December 16, 2020 regarding its Northvale, New Jersey facility.
+Added: FEI-Elcom entered into a new lease agreement on January 12, 2022 regarding its Northvale, New Jersey facility.
The facility consists of a combination office and manufacturing space.
−Removed: The Company has signed a second amendment to the lease, which extended the lease an additional 12 months beginning February 1, 2021 and expiring January 31, 2022.
+Added: The Company has signed a third amendment to the lease, which extended the lease an additional 36 months beginning February 1, 2022 and expiring January 31, 2025, and reduced the square footage rented.
The lease, as amended, requires monthly payments of $8,270.
The Company believes the leased space is adequate to meet FEI-Elcom’s operational needs.
+Added: Legal Proceedings
+Added: From time to time, the Company may become a defendant in litigation arising out of the ordinary course of business.
+Added: As of July 14, 2022, the Company is not party to any material pending legal proceedings.
+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.