What changed in this filing

/stocks — the workspaceLOADING

Item 2. Properties

2021-03-31 compared with 2020-03-30 · 17 added, 44 removed, 0 unchanged (100% of the section changed)

corporate offices of the Company are currently located at 1865 West 2100 South, Salt Lake City, UT 84119.

The Company opened an

executive suite in Salt Lake City, Utah in August 2017.

This office houses the offices for the Company’s CEO.

location was waived by the landlord until January 1 st 2018, when the office space expanded to house a portion of the

Company’s accounting and administrative staff.

The Company’s rent per month at this location is now $24 thousand per

month and the lease term does not exceed one year.

April 2012, Quest Marketing, Inc.

signed an operating lease at 860 Conger Street, Eugene, Oregon 97402.

The premises consist of

approximately 7,000 square feet of warehouse and office space.

The lease provided for monthly payments of $4 thousand through

March 2013 and is adjusted annually to reflect changes in the cost of living for the remainder of the lease term.

shall the monthly rent be increased by more than 2% in any one year.

The lease expired on March 31, 2017 and the Company extended

the term of the lease for an additional two years with the same cost of living increase.

The Company recently terminated the lease.

This location handled administrative functions as well as had an operations team, inside sales, warehouse and support center for

OMNIQ’s sales team.

lease at the Company’s Ohio location, signed by Quest Marketing, Inc.

in July 2011, provides for monthly payments of $3

The lease was extended on June 30, 2019 for an additional 12 months.

This location is used by the Company’s software

development team and engineers for assistance with its sales team.

Company signed a new lease on February 1, 2018 for the Company’s office and warehouse location in Anaheim, California, downsizing

from Garden Grove, California.

The Company rent is at the rate of $2 thousand per month through January 31, 2020.

rent from February 1, 2020 until February 28 th , 2021 is $3 thousand.

The lease expires on February 28, 2021.

location houses satellite sales and a technical support office.

As of October 1, 2018, in connection with

the HTS acquisition, the Company added the lease for the offices for the R&D employees that are located in Israel.

cost for the three months ended December 2018 was $53 thousand.

On December 2018, the offices moved to a “We Work”

offices located in Haifa, Israel to reduce the rental cost.

The amount paid for December 2018 was 9,170 Nis, or approximately

$3 thousand, in January 2019 13 thousand Nis, or approximately $4 thousand, and from February 2019 until January 2020

the amount of 25 thousand Nis per month, or approximately $7 thousand, and from January 2020, 30 thousand Nis per month,

or approximately $8 thousand.

LEGAL PROCEEDINGS

2019, our subsidiary, HTS USA, INC., was in litigation with Sagy Amit, a former employee, who claimed that he was owed wages and

As of the date of this filing, the case has been resolved.

MINE SAFETY DISCLOSURES

OMNIQ’s

corporate offices are currently located at 1865 West 2100 South, Salt Lake City, UT 84119.

Our executive management, sales,

operations accounting and administrative functions are located at the corporate offices.

The corporate office annual lease expense

is $177,600 and the lease term does not exceed one year.

lease office space for our software developers in Akron, Ohio.

The lease provides for monthly payments of $3000.

The space is under a five-year lease and expires May 2023.

We lease office and warehouse space

for our satellite sales and technical support staff in Anaheim, California.

The lease is month to month and annual lease

expense is $36,000.

We also lease office space for

research and development employees located in Israel.

The lease expense for the years ending December 31, 2020 and 2019 was 20

Thousand Shekels 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.

What changed 10-K

Item 2. Properties