1 unchanged sentence
square feet of office space in San Diego, California, at a monthly rent of $25,754, pursuant to a lease expiring in December 2023.
−Removed: In addition to monthly rent, the lease includes payment for certain common area costs.
−Removed: Our facility is covered by an appropriate
−Removed: level of insurance and we believe it to be suitable for our use and adequate for our present needs.
−Removed: Rent expense related to this
−Removed: property was $298,494 and $277,377 for the years ended June 30, 2020 and 2019, respectively.
+Added: addition to monthly rent, the lease includes payment for certain common area costs.
+Added: Our facility is covered by an appropriate level of
+Added: insurance and we believe it to be suitable for our use and adequate for our present needs.
+Added: Rent expense related to this property was $309,053
+Added: and $298,494 for the years ended June 30, 2021, and 2020, respectively.
Our Korea-based subsidiary,
−Removed: FTI, leases approximately 10,000 square feet of office space in Seoul, Korea, at a monthly rent of approximately $8,000, pursuant
−Removed: to a lease expiring in August 2021.
−Removed: FTI also leases additional office space consisting of approximately 2,682 square feet, also
−Removed: located in Seoul, Korea, at a monthly rent of approximately $2,700, pursuant to a lease expiring in August 2021.
−Removed: In addition to
−Removed: monthly rent, the lease provides for periodic cost of living increases in the base rent and payment for certain common area costs.
−Removed: These facilities are covered by an appropriate level of insurance and we believe them to be suitable for our use and adequate for
−Removed: our present needs.
−Removed: Rent expense related to these leases was approximately $128,000 for each of the years ended June 30, 2020 and
−Removed: We lease one corporate
−Removed: housing facility primarily for our employees who travel, under a non-cancelable operating lease expiring in September 2021.
−Removed: expense related to this lease was $8,789 and $10,066 for the years ended June 30, 2020 and 2019, respectively.
+Added: FTI, leases approximately 10,000 square feet of office space, at a monthly rent of approximately $8,000, and additional office space consisting
+Added: of approximately 2,682 square feet at a monthly rent of approximately $2,700, both located in Seoul, Korea.
+Added: These leases expired on August
+Added: 31, 2021 but were extended by an additional twelve months to August 31, 2022.
+Added: In addition to monthly rent, the leases provide for periodic
+Added: cost of living increases in the base rent and payment for certain common area costs.
+Added: These facilities are covered by an appropriate level
+Added: of insurance and we believe them to be suitable for our use and adequate for our present needs.
+Added: Rent expense related to these leases was
+Added: approximately $128,400 for each of the years ended June 30, 2021, and 2020.
+Added: We lease one corporate housing
+Added: facility, located in Seoul, Korea, primarily for our employees who travel, under a non-cancelable operating lease that expired on September
+Added: 4, 2021, and extended by an additional twelve months to September 4, 2022.
+Added: Rent expense related to this lease was $9,161 and $8,789 for
+Added: the years ended June 30, 2021, and 2020, respectively.
LEGAL PROCEEDINGS
1 unchanged sentence
AND CONTINGENCIES in the Consolidated Financial Statements.
−Removed: MINE SAFETY DISCLOSURES
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.