Item 2. Properties
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 $284 thousand.
The space is under a five-year lease and expires June 2026.
We
lease office and warehouse space for our satellite sales and technical support staff in Anaheim, California. Signed a new lease March
2023 and annual lease expense is $46 thousand.
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 784,380. 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 18,814. As of December 31, 2023, the Company had 12 months remaining on the lease.
We
lease office and warehouse space for our products and technical support staff at Rival Street, Tel-Aviv, Israel. The lease provides for
monthly payments of NIS 41,200. The space is under a six and half year lease and expires June 2025.
ITEM
3. LEGAL PROCEEDINGS
The
Company was named a defendant in a case involving a former employee who claims he is owed approximately $60 thousand in unpaid commissions.
This case was settled in February 2024.
ITEM
4. MINE SAFETY DISCLOSURES
NONE.
9
PART
II
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