OMNIQ Corp. 10-K

ITEM 2. PROPERTIES 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 $267,576. The space is under a five-year lease and expires June 2026. We lease office space for our software developers in Akron, Ohio. The lease provides for monthly payments of $3,000. 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 year ending December 31, 2021 was NIS 21,000 per month. Dangot’s corporate offices are currently located at Yad Harutzim 14 Tel-Aviv, Israel. The main corporate office, Yad Harutzim 14, serves as the company’s main building on the 2nd and 3rd floors, used by the management and most of the sales staff, technicians, etc. The corporate office annual lease expense is NIS 765,953. The space is under a five years and eleven months lease and expires November 2024. We lease office space (Gamdan- 1st floor) for our finance and service department at Yad harutzim 14 Tel-Aviv, Israel. The lease provides for monthly payments of NIS 22,134. The space is under a five-year lease and expires December 2023. We lease office and warehouse space for our products and technical support staff in Hofman and Rival Street, Tel-Aviv, Israel. The lease provides for monthly payments of NIS 43,500. The space is under a six and half year lease and expires June 2025.