−Removed: We currently lease approximately 9,700 square feet of office and warehouse space for our Lyte operations in Gurnee, Illinois.
−Removed: This lease is currently month-to-month.
−Removed: In March 2022, we entered into a lease agreement for approximately 21,830 square feet of manufacturing and warehouse space for our Lyte operations in Round Rock, Texas.
−Removed: We plan to relocate our Lyte operations to Texas during the second quarter of 2022.
−Removed: Our corporate headquarters is located in Austin, Texas, where we currently lease approximately 3,600 square feet under a lease agreement set to expire in March 2022, which we are planning to extend via a month-to-month lease arrangement.
−Removed: We also currently lease facilities in Irvine, California;
+Added: Our corporate headquarters is located in Austin, Texas, where, in June 2022, we entered into a lease agreement for approximately 7,458 square feet of professional office space.
+Added: In March 2022, we entered into a lease agreement for approximately 21,830 square feet of manufacturing and warehouse space for our Lyte operations in Round Rock, Texas, and we relocated our Lyte operations from Gurnee, Illinois to Round Rock during the second quarter of 2022.
+Added: We also currently lease professional office facilities in Irvine, California;
San Diego, California;
1 unchanged sentence
We are currently subleasing our Irvine, California and Miami, Florida office facilities.
+Added: We may also further sublease certain of these facilities where space is not fully utilized.
We currently do not anticipate difficulty in either retaining occupancy of any of our facilities through lease renewals prior to expiration or through month-to-month occupancy arrangements or replacing them with equivalent facilities.
−Removed: We believe that our existing facilities are suitable and adequate for our present purposes and that the productive capacity of such facilities is substantially being utilized or we have plans to utilize such capacity.
+Added: We believe that our existing facilities are suitable and adequate for our present purposes.
Legal Proceedings.
3 unchanged sentences
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.