What changed in this filing

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Item 2. Properties

2021-09-09 compared with 2020-09-10 · 19 added, 6 removed, 3 unchanged (89% of the section changed)

Our executive offices and manufacturing facility are located at 2361 McGaw Avenue, Irvine, California 92614.

We lease the 28,000 square foot facility from an unrelated third party at a current base monthly lease rate of $38,716 with 3% annual escalations through the expiration of the lease in September 2027.

The building is a one-story, stand-alone structure of concrete tilt-up construction, approximately 35 years old and in good condition.

While we believe our Irvine facility to be adequate for our current needs and is in full compliance with applicable state, EPA and other agency environmental standards, we do anticipate continued growth and therefore we are actively seeking an additional commercial facility to satisfy our expected future growth.

(See Note 13 of Notes to Financial Statements contained elsewhere in this report.)

Our executive offices and manufacturing

facility are located at 2361 McGaw Avenue, Irvine, California 92614.

We lease the 28,000 square foot facility from an unrelated third

party at a current base monthly lease rate of approximately $40,000 with 3% annual escalations through the expiration of the lease in

September 2027.

The building is a one-story, stand-alone structure of concrete “tilt-up”

construction, approximately 30 years

old and in good condition.

We are currently preparing the

Franklin Property, located at 14401 Franklin Avenue, Tustin, California 92780, for our move-in.

We purchased this 25,000 square foot facility

in November 2020 from an unrelated third party through a loan (See Note 6 of Notes to consolidated financial Statements contained elsewhere

in this report) and plan to move our assembly and repairs teams as well as certain other staff once our build-out and validations are

completed, currently expected in the first quarter of fiscal 2022.

The building is a one-story, stand-alone structure of concrete “tilt-up”

construction, approximately 45 years old and in good condition.

believe that our facilities are adequate for our current and expected future needs and are in full compliance with applicable state, EPA

and other agency environmental standards .

LEGAL PROCEEDINGS

See Note 8 of Notes to Financial Statements contained elsewhere in this report.

of Notes to Financial Statements contained elsewhere in this report.

MINE SAFETY DISCLOSURES

1 unchanged sentence

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