−Removed: We maintain executive offices at 1400 Centrepark Blvd, Ste 810, West Palm Beach, FL 33401 pursuant to an
−Removed: agreement with our Sponsor.
−Removed: The cost for this space is included in the aggregate $10,000 per-month fee we pay to our Sponsor for office space and administrative services.
−Removed: We believe, based on rents and fees
−Removed: for similar services, that the fee charged by our Sponsor is at least as favorable as we could have obtained from an unaffiliated entity.
−Removed: We consider our current office space, combined with the office space otherwise available to our executive
−Removed: officers, adequate for our current operations.
+Added: Our corporate headquarters are located in San Francisco, California where we lease approximately 26,125 square feet of office space pursuant to a lease that expires in August 2027.
+Added: We also lease approximately 20,032 square feet of office space in a building adjacent to our corporate headquarters.
+Added: The term of this second lease expires in August 2027.
+Added: Both leased premises contain engineering, manufacturing, research and development and administrative functions of the company.
+Added: Ta ble of C ontents
+Added: believe that our office space is adequate for our current needs and, should we need additional space, we believe we will be able to obtain additional space on commercially reasonable terms.
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.