Our principal office is located in Golden Valley, Minnesota, where we lease approximately 45,000 square feet of office space.
−Removed: We currently sublease this space under a non-cancelable operating lease agreement that commenced January 15, 2019 and expires on November 30, 2020.
−Removed: In May 2019, we entered into a non-cancelable operating lease agreement for the same space that commences on December 1, 2020 and expires May 31, 2028 with an option to renew for one additional period of five years.
+Added: We lease this space under a non-cancelable operating lease agreement that commenced December 1, 2020 and expires May 31, 2028 with an option to renew for one additional period of five years.
We intend to add new facilities as we grow and we believe that suitable additional or substitute space will be available as needed to accommodate any such expansion of our operations.
−Removed: Our former principal office was located in Maple Grove, Minnesota, where we leased approximately 9,500 square feet of office space.
−Removed: This lease terminated on March 31, 2019.
Legal Proceedings.
+Added: From time to time we may be involved in claims and proceedings arising in the course of our business.
+Added: The outcome of any such claims or proceedings, regardless of the merits, is inherently uncertain.
We are not party to any material legal proceedings.
2 unchanged sentences
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.