−Removed: Our principal offices, which also
−Removed: serve as a fulfillment center, are located at 8798 9 th Street, Rancho Cucamonga, California.
+Added: Our principal offices, which
+Added: also serve as a fulfillment center, are located at 8798 9 th Street, Rancho Cucamonga, California.
There we lease approximately
−Removed: square feet of space, which is used for the storage and distribution of hydroponic equipment, lighting and garden accessories, home products,
−Removed: pet products, other consumer products and other ancillary uses.
+Added: 99,347 square feet of space, which is used for the storage and distribution of hydroponic equipment, lighting and garden accessories,
+Added: home products, pet products, other consumer products and other ancillary uses.
The term of the Rancho Cucamonga lease is for 74 months.
−Removed: The lease commenced
−Removed: on February 10, 2022, with rent payments commencing after the first three months, and the expiration date is May 31, 2028.
−Removed: The base rental
−Removed: fee is $114,249 to $140,079 per month through the expiration date, May 31, 2028.
+Added: The lease commenced on February 10, 2022, with rent payments commencing after the first three months, and the expiration date is May 31,
+Added: The base rental fee is $114,249 to $140,079 per month through the expiration date, May 31, 2028.
In addition, we lease a fulfilment
1 unchanged sentence
$56,000 to $59,410 per month.
−Removed: The term of this lease runs from May 1, 2022 through April 30, 2025.
−Removed: We previously leased 48,867
−Removed: square feet of property at 2399 Bateman Avenue, Duarte, CA 91010, which was leased at the rate of approximately $42,000 per month.
−Removed: property previously served as both our principal offices as well as our primary fulfillment center.
−Removed: This lease expired on December 31,
−Removed: 2023 and we did not renew it.
−Removed: In addition to our primary
−Removed: fulfillment centers in Rancho Cucamonga and Duarte, we maintained a 22,700 square foot fulfillment center located at 14750 E.
−Removed: Nelson Avenue,
−Removed: Unit #I, Industry City, CA 91744, which we had leased at the rate of approximately $28,000 per month since September 2020.
−Removed: expired on October 31, 2023 and we did not renew it.
−Removed: On February 15, 2022, upon
−Removed: completion of the acquisition of Anivia, the Company assumed an operating lease of offices in the PRC.
−Removed: The office space in the PRC is
−Removed: located in Shenzhen and the term of this lease expires in July of 2026.
+Added: The lease term expired on April 30, 2025, and the Company did not renew the lease.
+Added: On February 15, 2022, upon completion
+Added: of the acquisition of Anivia, the Company assumed an operating lease of offices in the PRC.
+Added: In July 2023, the Company renewed the lease
+Added: contract for its existing office plus additional office space.
+Added: The lease term is for three years expiring on July 14, 2026.
+Added: base rental fee for these offices is approximately $19,406 per month.
+Added: In September 2024, the Company terminated the lease contract of
+Added: the office space.
+Added: In September 2024, DHS entered
+Added: into a sublease agreement with a third-party entity for office space in Shenzhen.
+Added: The lease term was for one year from October 1, 2024
+Added: to September 30, 2025.
+Added: The lease was treated as a short-term lease and the base rental fee is approximately $10,000 per month.
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.