−Removed: Our principal executive, manufacturing and research and development
−Removed: offices are located at MATAM Advanced Technology Park, Building No.
+Added: principal executive, manufacturing and research and development offices are located at MATAM Advanced Technology Park, Building No.
Haifa, Israel, where we occupy approximately 4,389 square meters.
−Removed: Our gross monthly rent payment for these leased facilities as of July 2022 was 291,000 NIS (approximately $89,000).
−Removed: For Fiscal Year 2022,
−Removed: we recognized a net expense (rent expenses after deducting deferred participation payments from MATAM) in the amount of $921,000, according
+Added: Our gross monthly rent payment for these leased facilities as of June
+Added: 30, 2023 was 292,000 NIS (approximately $83,000).
+Added: For fiscal year 2023, we recognized expense in the amount of $1,052,000, according
to the implementation of Accounting Standards Update No.
2016-02, “Leases.”
−Removed: We believe that the current
−Removed: space we have is adequate to meet our current and foreseeable future needs.
+Added: believe that the current space we have is adequate to meet our current and foreseeable future needs.
LEGAL PROCEEDINGS.
MINE SAFETY DISCLOSURES.
−Removed: Not applicable.
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.