−Removed: Iveda’s executive offices are located at
−Removed: Alma School Rd., Suite 8500, Mesa, Arizona 85210, where the Company currently leases approximately 5,779 square feet
−Removed: of office space for approximately $8,700 per month from Mesa Financial Plaza Investors, LLC.
−Removed: The lease expires in October
−Removed: The Company is not affiliated with its lessor.
−Removed: Although the Company believes that its current facilities are adequate
−Removed: for the foreseeable future, additional office space may be needed as additional employees are hired.
−Removed: The Company’s
−Removed: current building has the fiber necessary for the Company’s projected bandwidth requirements and it has significant
−Removed: additional space available for additional employees and remote monitoring stations.
−Removed: has a three-year data center services agreement with i/o Data Center datacenter (highest industry rating) in Phoenix and Scottsdale,
−Removed: The agreement commenced on October 1, 2011.
−Removed: Iveda is not affiliated with i/o Data Center.
−Removed: The Company also signed a three-year data center
−Removed: services agreement with Phoenix NAP, LLC on March 22, 2012 in Phoenix, Arizona.
−Removed: The Company’s
−Removed: management believes that all facilities occupied by the Company are adequate for present requirements and that the Company’s
−Removed: current equipment is in good condition and is suitable for the operations involved.
−Removed: MegaSys’s
−Removed: executive offices are located at 2F, -15, No.
−Removed: 14, Lane 609, Sec.
−Removed: 5 Chongxin Rd., Sanchong City, Taipei, County 241, Taiwan (R.O.C.),
−Removed: where the Company currently leases two suites totaling approximately 4,838 square feet of office space for $2,378 per month.
−Removed: leases expire in June and July 2014.
−Removed: The Company is not affiliated with its lessor.
−Removed: Although the Company believes that its current
−Removed: facilities are adequate for the foreseeable future, additional office space may be needed as additional employees are hired.
−Removed: LEGAL PROCEEDINGS
−Removed: Not Applicable
−Removed: MINE SAFETY DISCLOSURES.
−Removed: Not applicable.
+Added: 2 – PROPERTIES
+Added: currently rent for our principal executive offices approximately 3,000 square feet until February 2025 for approximately $6,000 per
+Added: In February 2025 we have renewed our lease for an additional five years under similar terms and conditions.
+Added: We believe that
+Added: our current office space is adequate for the foreseeable future.
+Added: Taiwan leases its principal executive offices in Taiwan, comprised of three suites totaling approximately 4,567 square feet.
+Added: Taiwan pays an aggregate of approximately $3,147 per month under the terms of the three leases, which expire on June 30, 2025, September
+Added: 15, 2025 and September 11, 2025.
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.