−Removed: Commencing January 2021, we
−Removed: moved into a new dedicated headquarters and manufacturing facility in Poway, California, just north of San Diego.
+Added: Commencing February 2025,
+Added: we moved into a new dedicated headquarters and manufacturing facility in Poway, California, just north of San Diego.
This state-of-the-art,
energy-efficient facility has ample square footage, shipping and receiving space, and office spaces to support the company’s growth
−Removed: by providing double the production capability and increases shipping efficiency from that of our previous facility.
−Removed: The facility was secured
−Removed: under a sublease agreement with our former contract manufacturer.
−Removed: Under the terms of the sublease agreement, we were required to make
−Removed: rental payments of approximately $11,000 per month during the initial one-year term and any subsequent renewals of the agreement.
−Removed: sublease agreement is renewable upon mutual agreement of both parties for up to four additional years at a modest increase in the monthly
−Removed: rent, however, we are under no obligation to renew it.
+Added: by increasing the production capability and shipping efficiency from that of our previous facility.
+Added: The facility was secured under a sublease
+Added: agreement and replaced a similar facility that we shared with our former contract manufacturer from January 2021 through February 2025.
+Added: Upon the expiration of the prior sublease, we relocated our corporate and manufacturing office space to our current facility in the same
+Added: vicinity under a 13 month sublease agreement with the sublandlord, at a base rental of $18,638 per month.
We do not own any real property.
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.