2 - PROPERTIES
−Removed: corporate headquarters and production facility consist of approximately 63,200 square feet and is located in Vista, California.
+Added: corporate headquarters and production facility totals approximately 63,200 square feet and is located in Vista, California.
Our production
facility is ISO 9001 certified.
−Removed: We lease the property.
−Removed: Monthly rent for the total space is approximately $60,500 per month and
−Removed: escalates approximately 3% per year through the end of the lease term on November 20, 2026.
−Removed: Total rent expense was approximately $841,000
−Removed: and $673,000 for the years ended June 30, 2021 and 2020, respectively.
+Added: We lease this property.
+Added: Rent during the year ended June 30, 2022 was approximately $62,000 per month,
+Added: and our annual rent will escalate approximately 3% per year through the end of the lease term on November 20, 2026.
+Added: Total rent expense
+Added: was approximately $867,000 and $841,000 for the years ended June 30, 2022 and 2021, respectively.
believe that our leased property is in good condition and suitable for the conduct of our business.
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.