−Removed: lease our principal executive offices which are located at 2465 Farm Market 359 South, Brookshire, TX 77423.
−Removed: The lease for this principal
−Removed: Executive Office had a 60-month term beginning on December 1, 2019 and ending on December 31, 2024.
−Removed: On January 1, 2024, this facility
−Removed: lease was terminated without penalty and a new lease agreement was entered with the landlord.
−Removed: The new lease term is from January 1, 2024
−Removed: to January 1, 2027, with a monthly rent of $18,000.
−Removed: The facility consists of 15,000 square feet of indoor space and 2.5 acres of concrete
−Removed: slab in the yard.
−Removed: On February 1, 2024, a mutual amendment to the lease agreement was executed.
−Removed: Under the terms of the amendment, we opted
−Removed: to prepay the lease payments covering the period up to December 31, 2026, with the due date set for April 1, 2024.
−Removed: This prepayment arrangement
−Removed: secures a rent-free period for the final year of the lease, spanning the entirety of 2027.
−Removed: had also entered into a lease agreement for office and production space in Corona, California with a term from May 1, 2022 until April
−Removed: 30, 2027 at a rate of $6,617 to $7,740 per month.
−Removed: In August 2023, we relocated our California office from Corona to Diamond Bar.
−Removed: obligated to pay the monthly rent for the office in Corona until February 1, 2024 when the landlord found a new lessee to occupy the
−Removed: The lease in Diamond Bar, California has a term of 24 months from August 18, 2023 to August 17, 2025 at a rate of $4,730 to
−Removed: $4,926 per month.
−Removed: Subsequently on October 28, 2024, the lease in Diamond Bar was ended and assigned to a nonprofit organization.
−Removed: lease agreements contain standard commercial lease terms including but not limited to provisions regarding utilities, alterations, maintenance
+Added: lease our principal executive office and warehouse which is located at RM1, 5/F, No.
+Added: 43 Hung To Road, Kwun Tong, Kowloon, Hong Kong 999077.
+Added: The lease for this principal executive office and warehouse had a 12-month term beginning on November 1, 2024 and ending on October 31,
+Added: On June 1, 2025, this lease was terminated without penalty and a new lease agreement was entered with the landlord.
+Added: The new lease
+Added: term is from June 1, 2024 to May 31, 2026, with a monthly rent of $12,000.
+Added: The facility consists of approximately 1,400 square feet of
+Added: indoor space.
+Added: lease agreement contains standard commercial lease terms including but not limited to provisions regarding utilities, alterations, maintenance
and repair, insurance and indemnification.
1 unchanged sentence
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.