Item 2. Properties
Item 2. Properties
We lease property at several locations for our headquarters and distribution facilities, including:
Location
Area
Expiration date
Flower Mound, Texas (corporate headquarters)
52,992 sq. feet
June 2028
St. Leonards, Australia (Australian headquarters)
1,668 sq. feet
June 2026
Minago-Ku Tokyo, Japan (Shinagawa Grand Central Tower)
3,497 sq. feet
April 2027
Yeongnam Tower, Sincheon-dong, (Daegu Center)
3,557 sq. feet
June 2026
Gangnam-gu, Seoul, Korea (Republic of Korea headquarters)
10,596 sq. feet
September 2028
Gangnam-gu Seoul, Korea (Seoul training center)
18,441 sq. feet
September 2028
Haewoondae-gu, Busan, Korea (Pusan training center)
6,800 sq. feet
March 2027
Incheon, South Korea (Incheon training center)
7,754 sq. feet
April 2026
Taiwan Bldg 13F Taipei City (Shu-Yeng CHEN)
93 sq. feet
August 2026
Tsuen Wan, New Territories, Hong Kong (new office)
2,032 sq. feet
April 2028
Hengqin, Zhuhai, China (office)
930 sq. feet
September 2026
Tianhe, Guangzhou, China (office)
110 sq. feet
July 2026
Guangzhou Experience Center
3,767 sq. feet
February 2028
Richmond, British Columbia, Canada (Canada training center)
1,963 sq. feet
September 2026
Bedfordview, South Africa (office)
4,123 sq. feet
N/A (1)
Guadalajara, Mexico (office)
5,382 sq. feet
July 2028
Mexico City, 1st flr Mexico (customer service center)
1,324 sq. feet
August 2026
Mexico City, 3rd flr Mexico (office)
1,324 sq. feet
August 2026
Amsterdam, Netherlands (shared office space)
50 sq. feet
August 2026
Bangkok, Thailand (CW Tower) (Unit 404)
397 sq. feet
May 2026
(1) Renewable monthly.
To maximize our operating strategy and minimize costs, we contract with third-party distribution and fulfillment facilities in our three regions: (i) the Americas, (ii) EMEA and (iii) Asia/Pacific. By entering into these third-party distribution facility agreements, our offices maintain flexible operating capacity, minimize shipping costs, and are able to process an order within 24-hours after order placement and receipt of payment.
41
Table of Contents
Item 3. Legal Proceedings
See Note 14 to our Consolidated Financial Statement, Litigation , which is incorporated herein by reference.
Item 4. Mine Safety Disclosures
Not Applicable.
42
Table of Contents
PART II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.